5 Olive Grove, Lenah Valley, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

5 Olive Grove
Lenah Valley TAS 7008

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 157m2
Land area: 1264m2
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Property Details for 5 Olive Gr, Lenah Valley

5 Olive Gr, Lenah Valley is a 4 bedroom, 2 bathroom House and was built in 2009. The property has a land size of 1264m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in March 2007.

Building Type
House
Year Built
2009
Floor Size
157m2
Land Size
1264m2
Local Government
Hobart
Lot/Plan
5/148271

Last Listing description (January 2026)

Set high in the ever popular suburb of Lenah Valley, this gorgeous home delivers space, comfort and lovely outlooks in a quiet cul de sac position.Spanned across two generous levels, the floor plan is both practical and welcoming. Downstairs you are greeted by two good sized bedrooms along with a well appointed bathroom, ideal for family living or guest accommodation. Upstairs, the home opens into a spacious open plan kitchen, dining and lounge area that feels light, modern and inviting.The kitchen will appeal to keen cooks, offering ample bench and storage space, a large fridge cavity and double oven, making everyday living and entertaining a breeze. The living area is kept comfortable year round with a reverse cycle air conditioner and flows seamlessly out to a large deck that wraps across the front of the home. From here, you can relax and take in the beautiful views across the hills and towards Mount Wellington.The master bedroom includes a walk in wardrobe, and storage throughout the home has been thoughtfully considered. The main bathroom features a large bath and separate shower, adding to the sense of space and comfort.Recently refreshed with new carpet, the home is immaculately presented and ready to enjoy. Additional features include two off street car parks, a peaceful setting, and the convenience of being on a direct bus route to Hobart.A very spacious and modern home in a tightly held location, offering easy living with views, privacy and convenience all wrapped together.Built: 2009Solar Panels 5kWNBN ConnectedRates: $3800 p.a.

Property History for 5 Olive Gr, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$115,000
10 Mar 2007
Listed for Rent
$750/w
28 Mar 2023
  • 25 Dec 2025
    Listed for Sale Offers Over $950,000
  • 04 Oct 2024
    Listed for Rent $690 / week
  • 03 Mar 2023
    Listed for Rent $750 / week
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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 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 19 properties listed for sale, and 4 properties listed for rent in Lenah valley on OnTheHouse. According to Cotality's data, 106 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.