4/18 Wallace Avenue, Lenah Valley, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

4/18 Wallace Avenue
Lenah Valley TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 135m2
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Property Details for 4/18 Wallace Ave, Lenah Valley

4/18 Wallace Ave, Lenah Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 135m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1977
Floor Size
61m2
Land Size
135m2
Local Government
Hobart
Lot/Plan
4/58845

Last Listing description (July 2022)

A perfectly nestled unit in the sought-after suburb of Lenah Valley has become available for an easy-living low-maintenance, convenient lifestyle, or an investor. Originally 2 bedrooms, this property has been cleverly converted to open up the living area, however, can easily be transformed back if needed.

Positioned in a four-dwelling complex, this quiet conjoined unit enjoys privacy in a location close to cafes, hairdressers, shops, parks, and transport. The living space is open plan with lounge, dining, study/office space, and kitchen with breakfast bar offering a feel of spaciousness along with practicality to arrive home to.

The bedroom has built-ins with a good amount of shelving, the bathroom is generous and includes a bath. A large space located beneath the unit suggests there is further scope to develop an added living space if needed.

A courtyard with a small garden is the perfect area to enjoy outdoor privacy while listening to the abundant surrounding birdlife. This is a wonderful opportunity to secure a solid brick property backing onto the Rangeview Crescent Reserve, along with off-street parking for one car.

The unit is currently tenanted until April 2022 for $315 per week.

- Quiet no through road in the sought-after area of Lenah Valley
- Backs onto nature reserve
- Walking proximity to cafes, shops, parks, and transport
- Easy living, low-maintenance unit
- Open plan living
- Private courtyard
- Renovated with scope for further development underneath
- No body corporate fees
- Off-street parking

Property History for 4/18 Wallace Ave, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$401,500
30 Nov 2021
Listed for Rent
$230/w
31 Mar 2015
  • 06 Jul 2022
    Listed for Sale Sold
  • 02 Feb 2022
    Listed for Sale Sold
  • 30 Nov 2021
    Sold for $401,500
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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 3,128 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:

  • The median value for Houses in Lenah Valley is $851,726 while the median value for Units is $576,530.
  • Houses have a median rent of $620 while Units have a median rent of $515.
There are currently 20 properties listed for sale, and 3 properties listed for rent in Lenah valley on OnTheHouse. According to Cotality's data, 104 properties were sold in the past 12 months in Lenah valley.

Suburb Insights for Lenah Valley 7008

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Cotality Copyright and Legal Disclaimers about Property Data
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.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.