8 Wallace AvenueLenah Valley TAS 7008
Property Details for 8 Wallace Ave, Lenah Valley
8 Wallace Ave, Lenah Valley is a bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1972. The property has a land size of 741m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in April 1989.
Last Listing description (September 2015)
NICELY TUCKED AWAY WITHIN THE HIGHLY SOUGHT AFTER REALM OF LENAH VALLEY, THIS BRICK UNIT IS SOLID IN EVERY SENSE OF THE WORD.IT WOULD BE A SOUND ADDITION TO AN ESTABLISHED PORTFOLIO, PREVIOUSLY FETCHING A WEEKLY RENTAL INCOME OF $220, OR PERFECT FOR THOSE LOOKING TO ENTER THE MARKET.SITUATED ON THE LOWER LEVEL, THIS NEAT AND WELL PRESENTED PROPERTY IS ONE OF FOUR IN THE BLOCK.IT HAS TWO GENEROUS BEDROOMS WITH BUILT-IN ROBES AND A LIGHT FILLED OPEN PLAN LIVING AREA.IT OFFERS PEACE AND PRIVACY AND A LOW MAINTENANCE LIFESTYLE.IT IS LOCATED FOR EASY ACCESS EITHER THROUGH TO GLENORCHY OR THROUGH TO THE HEART OF LENAH VALLEY AND HOBART.WHETHER YOU ARE LOOKING FOR A GREAT INVESTMENT OR YOUR FIRST HOME, THIS IS ONE TO PUT TO THE TOP OF YOUR LIST.PROPERTY CODE: 829
Property History for 8 Wallace Ave, Lenah Valley, TAS 7008
- 09 Jul 2015Listed for Rent $310 / week
- 05 May 2015Listed for Sale OFFERS OVER $180,000
- 06 Apr 1989Sold for $154,500
Recent sales nearby
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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 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.
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