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: 2
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 with 2 parking spaces 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 (April 2026)

Set high in the ever-popular suburb of Lenah Valley, this inviting home offers space, comfort and beautiful outlooks, all positioned within a quiet cul-de-sac.Spanning two generous levels, the home provides a practical and flexible floorplan. Downstairs features two well-sized bedrooms alongside a neatly appointed bathroom-ideal for family living, guests or a separate retreat.Upstairs opens into a light-filled, open plan kitchen, dining and living area designed for easy everyday living. The kitchen is perfect for those who love to cook, offering ample bench space, excellent storage, a large fridge cavity and a double oven. The living zone is kept comfortable year-round with a reverse cycle air conditioner and flows effortlessly onto a large deck-an ideal spot to relax and take in the sweeping views across the hills and towards Mount Wellington.The main bathroom is spacious, complete with a large bath and separate shower.Recently refreshed with new carpet throughout, the home is presented in excellent condition and ready to move into.Additional features include:Solar panel system (5kW) to assist with energy efficiencyConvenient access to public transport with a direct bus route to HobartAppliances included: Side by Side Fridge, Top Loader Washing Machine & Dryer.A spacious and well-maintained home in a sought-after location, offering privacy, convenience and a comfortable lifestyle.Please note:The property is currently on the market for sale, with the owner seeking interest from investors online.Interested parties are required to register their interest to attend the scheduled inspection on Friday 17 April 2026 at 11.00am.Applications submitted prior to the inspection will not be processed unless the applicant has attended an inspection.Applicants wishing to keep a pet at the property must submit a Request to Keep a Pet on Residential Premises Form 36R / 36S as part of their tenancy application, available here https://cbos.tas.gov.au/topics/housing/renting/beginning-tenancy/petsPlease ensure this is included at the time of applying for the property. Applications submitted without the required pet documentation may not be considered.

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
  • 13 Apr 2026
    Listed for Rent $800 / week
  • 25 Dec 2025
    Listed for Sale Low to Mid $900,000s
  • 04 Oct 2024
    Listed for Rent $690 / 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 20.52% increase in median value, while Units have seen a 19.64% increase. As at 31 March 2026:

  • The median value for Houses in Lenah Valley is $835,980 while the median value for Units is $554,930.
  • Houses have a median rent of $650 while Units have a median rent of $515.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Lenah valley on OnTheHouse. According to Cotality's data, 123 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.