5/239 Lenah Valley Rd, Lenah Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 153m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Lenah Valley in the last 12 months.
Positioned in a quiet complex and set well back from the road, this neat and tidy two-bedroom unit offers an ideal entry point into the market or a smart addition to any investment portfolio.Conveniently located close to bus stops and within easy walking distance to the city, Augusta Road shops and cafes, and vibrant North Hobart, the lifestyle appeal is undeniable. Inside, the unit features two generous bedrooms, including a versatile study nook, perfect for working from home or additional storage.The modern bathroom, efficient heat pump, and functional kitchen with space for a dining table ensure comfortable, low-maintenance living. From the kitchen window, enjoy a pleasant outlook toward Kunanyi/Mount Wellington, adding a welcome sense of space and connection to the outdoors.Off-street parking adds further practicality, while investors will appreciate the secure lease in place at $440 per week until 23 April 2026, providing immediate and reliable rental income.Affordable, well located, and easy to maintain, this property represents a fantastic opportunity for first home buyers looking to step into the market or investors seeking a solid, low-risk return.
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 3,127 properties. Over the last 5 years, Houses in Lenah Valley have seen a 15.60% increase in median value, while Units have seen a 12.17% increase. As at 31 May 2026:
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