88 Ashbolt Crescent, Lutana, TAS 7009 sold on 30 January 2026 | OnTheHouse
 
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Sold on 30 Jan 2026 for $525,000

88 Ashbolt Crescent
Lutana TAS 7009

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 557m2
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Property Details for 88 Ashbolt Cres, Lutana

88 Ashbolt Cres, Lutana is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1953. The property has a land size of 557m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 3 bedroom House sold in Lutana in the last 12 months.

Building Type
House
Year Built
1953
Floor Size
116m2
Land Size
557m2
Local Government
Glenorchy
Lot/Plan
2/75242

Last Listing description (January 2026)

Ready for transformation, this elevated Lutana home offers water views, land, and genuine upside a rare blank canvas in one of Hobart's most tightly held inner suburbs and desirable streets. 88 Ashbolt Crescent is a rare opportunity to secure a project-ready home in an outstanding location, with water views, land, and long-term upside firmly on its side.

Purposefully stripped back and presented in its raw, honest form, the home has been prepared for buyers who want clarity not cosmetic cover-ups. Carpets, window furnishings and dated finishes have been removed to reveal a clean slate, allowing the structure, layout and outlook to take centre stage. The result is a property that invites imagination and rewards vision.

Built in 1953 and set on a 557 m General Residential allotment, the home enjoys an elevated position with outlooks across the Derwent River and over the nearby golf course a rare combination that adds both lifestyle appeal and future value. This quiet pocket of Lutana is tightly held, prized for its outlook, established streetscape, and proximity to Moonah, quality schools and the Hobart CBD, which is less than ten minutes away.

The existing footprint offers approximately 116 m of internal living, comprising three bedrooms, central bathroom and practical living spaces. The fundamentals are solid, providing an excellent foundation for renovation, reconfiguration or extension (STCA). Whether the vision is to modernise and re-lease, create a contemporary family home, or design a long-term owner-occupied residence, the upside here is clear and achievable.

Homes offered in this condition stripped back, well located, and genuinely ready for transformation are increasingly hard to find. For first-home buyers looking to add value over time, renovators seeking their next rewarding project, or investors searching for a well-positioned asset with growth potential, this is an opportunity that stands apart from the usual needs work listings.

What sets 88 Ashbolt Crescent apart is not what has been done but what is possible. A clean canvas, a premium outlook, and a suburb that continues to outperform...

A building inspection report is available for purchase from Peter Genders - peter@fbitas.com.au.

Heating: Reverse Cycle Air conditioner
Year built: 1953
Council rates: $1950 pa approx.
Fixed water rates: $1000 pa approx.
Rental estimate: per week $ $550.00 to $595.00 (subject to maintenance being completed and tenant ready).

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Property History for 88 Ashbolt Cres, Lutana, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$525,000
30 Jan 2026
Listed for Rent
$270/w
08 Nov 2009
  • 30 Jan 2026
    Sold for $525,000
  • 25 Jan 2026
    Listed for Sale Offers Over $480,000
  • 22 Aug 2009
    Listed for Rent - Price not available
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About Lutana 7009

The size of Lutana is approximately 2.1 square kilometres. It has 4 parks covering nearly 9.3% of total area. The population of Lutana in 2016 was 2353 people. By 2021 the population was 2616 showing a population growth of 11.2% in the area during that time. The predominant age group in Lutana is 30-39 years. Households in Lutana are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lutana work in a professional occupation.In 2021, 61.80% of the homes in Lutana were owner-occupied compared with 62.60% in 2016.

Lutana has 1,244 properties. Over the last 5 years, Houses in Lutana have seen a 39.12% increase in median value, while Units have seen a 42.40% increase. As at 31 December 2025:

  • The median value for Houses in Lutana is $644,679 while the median value for Units is $518,002.
  • Houses have a median rent of $568 while Units have a median rent of $460.
There are currently 5 properties listed for sale, and 1 property listed for rent in Lutana on OnTheHouse. According to Cotality's data, 64 properties were sold in the past 12 months in Lutana.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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