4/12 Wallace Ave, Lenah Valley is a 2 bedroom, 1 bathroom Unit and was built in 1971. The property has a land size of 78m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Positioned within a quiet, well-maintained complex, this light-filled ground floor apartment presents an outstanding opportunity for first home buyers, downsizers and investors alike. Offering low-maintenance living in the heart of popular Lenah Valley, it combines everyday convenience with a peaceful setting.The welcoming interior features a bright open plan living and dining area, complemented by a modern, well-appointed kitchen with ample storage and workspace. Two comfortable bedrooms provide practical accommodation, while the ground floor position offers easy access and everyday convenience.Located just moments from Lenah Valley Village, local cafs, schools, public transport and only a short drive to North Hobart and the CBD, this is a location that continues to attract strong owner-occupier and tenant demand.Whether you're looking to enter the property market, downsize without compromise or secure a quality set-and-forget investment, this appealing apartment offers comfort, convenience and outstanding value in one of Hobart's most sought-after suburbs.Year built: 1971Size: 63 sqmLand size: 78 sqmCouncil rates: $1,500 per annum approxWater rates: $1,000 per annum approxBody Corp: $3,150 per annum including building insurance#findhomewithus
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 6.80% increase in median value, while Units have seen a 8.27% increase. As at 31 July 2026:
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