391 Lenah Valley Road, Lenah Valley, TAS 7008 sold on 27 March 2025 | OnTheHouse
 
SOLD
Sold on 27 Mar 2025 for $368,000

391 Lenah Valley Road
Lenah Valley TAS 7008

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 64840m2
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Property Details for 391 Lenah Valley Rd, Lenah Valley

Building Type
Land
Land Size
64840m2
Local Government
Hobart
Lot/Plan
11/30468

Last Listing description (October 2023)

Here is a rare opportunity to purchase a substantial parcel of natural bush land within 8km of Hobart's GPO. Lenah Valley is one of the most highly sought after suburbs in the greater Hobart area.
The 6.5 hectare property is nestled into the base of kunanyi /Mount Wellington at the end of Lenah Valley Road. The New Town Rivulet runs past the front boundary at the entrance to the Wellington Park with its pristine forests, stunning views and extensive walking and mountain biking trails.
The property rises from its lower boundary adjacent to the New Town Rivulet through dense wet forest, opening up to tall open Eucalypt forest towards a ridge at the rear boundary. The property looks across the valley to the forested hills of Wellington Park, including stunning views to the Organ Pipes and the summit of kunanyi / Mount Wellington. From the top of the property there are also views down the valley to Hobart and the River Derwent.

The property is zoned ENVIRONMENTAL LIVING under the Hobart City Council planning scheme, where a single dwelling is a PERMITTED USE.
There is potential to construct a new dwelling in a secluded bush land setting with easy access to urban amenities - the Lenah Valley bus service terminus (2km), the Lenah Valley shopping village (4km), the popular North Hobart strip (6km) and Hobart's CBD (less than 8km).
There is established vehicular access directly onto the property as well as electricity infrastructure at the front boundary.

The Phone Code for this property is: 30449. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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Property History for 391 Lenah Valley Rd, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$368,000
27 Mar 2025
  • 27 Mar 2025
    Sold for $368,000
  • 24 Mar 2022
    Listed for Sale Offers around $400,000
  • 09 Jun 2021
    Listed for Sale Offers over $400,000
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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 31.33% increase in median value, while Units have seen a 30.97% increase. As at 30 November 2025:

  • The median value for Houses in Lenah Valley is $829,483 while the median value for Units is $573,121.
  • Houses have a median rent of $620 while Units have a median rent of $490.
There are currently 21 properties listed for sale, and 1 property listed for rent in Lenah valley on OnTheHouse. According to Cotality's data, 100 properties were sold in the past 12 months in Lenah valley.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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