29 Giblin St, Lenah Valley is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1961. The property has a land size of 856m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 5 bedroom House sold in Lenah Valley in the last 12 months.
Set on a generous allotment in a tightly held Lenah Valley location, this property presents a rare opportunity to secure a home with genuine dual-income potential and outstanding scope to add value.
The main residence comprises four bedrooms, all with wardrobes, an updated kitchen and living areas with recently repolished timber flooring. Heating and cooling to the main home is provided by a reverse-cycle air conditioning unit.
The one-bedroom studio has previously been rented separately and adds real flexibility to the property. This space features a light-filled living area with high raked ceilings, feature timber paneling and excellent natural light, opening out to a deck. While currently open to the main residence, the layout allows for the studio to be re-separated if desired. A separate reverse-cycle air conditioning unit services the studio.
There is no denying parts of the home require maintenance and updating with the external weatherboard needing repainting/restoration, however the property provides a solid base for buyers prepared to renovate and capitalise on the potential on offer.
Positioned just minutes from Lenah Valley's village hub, with easy access to shops, cafés, schools and the Hobart CBD, this is a property that will appeal to buyers looking for upside, flexibility and long-term value.
A smart option for investors, renovators or owner-occupiers seeking a property with genuine potential in a proven location.
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 3,128 properties. Over the last 5 years, Houses in Lenah Valley have seen a 23.28% increase in median value, while Units have seen a 26.22% increase. As at 28 February 2026:
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