2/18 Wallace Ave, Lenah Valley is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1977. The property has a land size of 135m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Lenah Valley in the last 12 months.
Set within one of Hobart's most sought-after suburbs, this renovated two-bedroom unit offers a low-maintenance lifestyle with all the hard work already done. Comfortable, well-presented and ready to enjoy, it's an ideal choice for buyers wanting to secure a foothold in Lenah Valley without compromise.The home has been thoughtfully updated, meaning there is nothing to do but move in and enjoy. With a comfortable layout and views out to the tree surrounds with an urban backdrop, it's an ideal option for buyers seeking convenience and certainty.Like its neighbouring unit, it features a spacious under-house storage area, providing excellent practicality and flexibility, perfect for additional storage, hobbies or future possibilities.With two bedrooms and one bathroom, this property will appeal to a wide range of buyers, from first-home purchasers and downsizers to investors looking for a quality asset in a proven location.Well priced for Lenah Valley and positioned close to shops, transport and the Hobart
The size of Lenah Valley is approximately 8.4 square kilometres. There are 10 parks, covering nearly 3.3% of the 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 3,126 properties. Over the last 5 years, Houses in Lenah Valley have seen a 15.60% increase in median value, while Units have seen a 12.17% increase. As at 31 May 2026:
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