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 162m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
This property hosts a four-bedroom home plus a well separated one bedroom apartment all under on roofline, each tenanted separately with a current rental income exceeding eight hundred dollars per week.
Residential properties with dual incomes this high, within a sensational location at this price point, rarely come to the market, in fact this property last changed hands around thirty years ago.
The location within one of Lenah Valleys most sought-after street is within minutes of the suburbs commercial hub, this includes food supply shops, post office, Whisk eatery, Banjos cafe and a service station.
Some of Hobart's most celebrated private and public schools are nearby with the suburbs of Mount Stuart, New Town and North Hobart all within a short walking distance from the front door.
Thinking about land value and future potential for a near level 840m2 parcel in this prime central location, without a heritage listing, hence we believe that this property is an essential acquisition for astute investors.
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 33.50% increase in median value, while Units have seen a 31.87% increase. As at 31 December 2025:
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