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Investment Property Lenah Valley, TAS, 7008

Suburb Snapshot

Lenah Valley is a suburb in the Hobart Region of Tasmania. Lenah Valley has a population of 5,940 people and 21.50% of its occupants live in rental accommodation. The median listing price for houses is $769,000 and this has changed -3.28% over the past year and changed 3.22% over 2 years.

The median rent in Lenah Valley for houses is $570 per week and the median rental yield is 3.85%. Stock on the market for houses/townhouses has changed -25.58% compared to last year and the average time to sell a house/townhouse is 81 days.The median listing price for units is $525,000 and this has changed -0.95% over the past year. The average unit takes 218 days to sell and the median rent for a unit in Lenah Valley is $420 per week, producing a rental yield of 4.16%.

Supply & Demand in Lenah Valley, Hobart

0.41%

Current vacancy rate


12

Rental stock available


5,940

Population


21.50%

Rental population


1.32%

Current vacancy rate


350

Rental stock available


50,445

Population


30.68%

Rental population


0.71%

Current vacancy rate


1,941

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Lenah Valley, Hobart

  House Townhouses Units
Median listing price $769,000 $695,000 $525,000
Median price change - last quarter -0.78% NA 0.00%
Median price change - 1 year -3.28% NA -0.95%
Median price change - 2 years 3.22% NA 6.06%
  House Townhouses Units
Median weekly rent $570 $500 $420
Median yield % 3.85% 3.74% 4.16%
Median rent change - 1 year 2.70% NA -6.67%
  House Units
Previous month sales 0 0
Stock on market previous month 32 5
Stock variance vs. last year -25.58% 0.00%
Average days on market 81 218

Lenah Valley investment property listings

Showing 5 of 36 investment properties found in Lenah Valley on realestateinvestar.com.au

23 Lumeah Ave, Lenah Valley

$935,000

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Three Levels of Lumeah

Positioned in the ever-popular growth area of Lenah Valley with its gorgeous views and unique style is this solid brick and tile, 1977 built three-story home.. Yes, THREE stories! Spanning a huge 244sqm of living. Located towards the quiet end of a no through road, 23 Lumeah Avenue has a concrete ...

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TAS 7008


20 Haig St, Lenah Valley

$875,000

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Elegantly Revived Haven in a Prime Location

Step into a home where classic 1940s elegance meets contemporary finesse. Proudly framed by a distinguished sandstone front fence, this tastefully updated period residence retains its charming street appeal amid a streetscape of equally impressive properties. Perched on a generous 923m2 parcel of ...

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House

TAS 7008


15 Westinwood Rd, Lenah Valley

$585,000

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MyHome Ready House and Land Package

With State and Federal Government assistance (up to $236,000 combined) now available to eligible purchasers this presents as a wonderful opportunity to get into the real estate market. Our consultants, brokers and builders are standing by to answer your questions and help you build your dream ...

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TAS 7008


9 Rushwood Ct, Lenah Valley

$1,090,000

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Quality contemporary living

Near-new and nestled in a quiet location with easy access to the city and northern suburbs amenities, this expansive four-bedroom home epitomises stylish and functional family living. Its sunny aspect and enviable views are enhanced by contemporary design, which includes the minimalist aesthetic ...

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TAS 7008


91 Doyle Ave, Lenah Valley

$500,000

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DISCLAIMER: This property has significant structural defects

Renovate or build your dream home! Nestled in the popular suburb of Lenah Valley, with expansive views over New Town to the River Derwent, this property boasts timeless character and endless potential. Uncover the charm of yesteryear in this 3 bedroom, 1 bathroom home with a garage and under house ...

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TAS 7008


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