1/8 Wallace Avenue, Lenah Valley, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

1/8 Wallace Avenue
Lenah Valley TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 75m2
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Property Details for 1/8 Wallace Ave, Lenah Valley

1/8 Wallace Ave, Lenah Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 75m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
Unit
Year Built
1972
Floor Size
62m2
Land Size
75m2
Local Government
Hobart
Lot/Plan
1/56503

Last Listing description (August 2024)

Ideal 1st home. Brick, north-facing 2 bedroom unit, located in the leafy suburb of Lenah Valley. Ready to move straight in. Easy care, open-plan kitchen, dining, and living area. This property offers a combination of affordable living, low maintenance and is well located to schools, shops and transport.

Savvy investment property with potential rent $450- $485 p/w. Just a 5 few minutes commute to the city of Hobart and only a few minutes from popular North Hobart dining strip with great options for dinner and funky cafes for breakfast and lunch.

Close to schools, parks and walking tracks, shops, medical facilities, public transport and the university.

Kate Storey Realty has obtained all information in this document from sources considered to be reliable, however we cannot guarantee its accuracy. Accordingly, all interested parties should make their own enquiries to verify this information. All measurements are approximate only.

Property History for 1/8 Wallace Ave, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$405,000
02 Jan 2024
  • 02 Jan 2024
    Sold for $405,000
  • 08 Dec 2023
    Listed for Sale Not Disclosed
  • 21 Dec 2016
    Sold for $250,000
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About Lenah Valley 7008

The size of Lenah Valley is approximately 8.4 square kilometres. It has 10 parks covering nearly 3.3% of total area. The population of Lenah Valley in 2016 was 5940 people. By 2021 the population was 6522 showing a population growth of 9.8% in the area during that time. The predominant age group in Lenah Valley is 30-39 years. Households in Lenah Valley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lenah Valley work in a professional occupation.In 2021, 72.50% of the homes in Lenah Valley were owner-occupied compared with 74.00% in 2016.

Lenah Valley has 3,129 properties. Over the last 5 years, Houses in Lenah Valley have seen a 33.50% increase in median value, while Units have seen a 31.87% increase. As at 31 December 2025:

  • The median value for Houses in Lenah Valley is $851,726 while the median value for Units is $576,530.
  • Houses have a median rent of $620 while Units have a median rent of $515.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Lenah valley on OnTheHouse. According to Cotality's data, 106 properties were sold in the past 12 months in Lenah valley.

Suburb Insights for Lenah Valley 7008

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.