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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 $750,000 and this has changed -2.48% over the past year and changed -5.67% over 2 years.

The median rent in Lenah Valley for houses is $600 per week and the median rental yield is 4.16%. Stock on the market for houses/townhouses has changed -18.75% compared to last year and the average time to sell a house/townhouse is 93 days.The median listing price for units is $505,000 and this has changed -3.81% over the past year. The average unit takes 86 days to sell and the median rent for a unit in Lenah Valley is $450 per week, producing a rental yield of 4.63%.

Supply & Demand in Lenah Valley, Hobart

0.51%

Current vacancy rate


15

Rental stock available


5,940

Population


21.50%

Rental population


0.87%

Current vacancy rate


232

Rental stock available


50,445

Population


30.68%

Rental population


0.51%

Current vacancy rate


1,414

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 $750,000 NA $505,000
Median price change - last quarter 0.00% NA 2.02%
Median price change - 1 year -2.48% NA -3.81%
Median price change - 2 years -5.67% NA -4.72%
  House Townhouses Units
Median weekly rent $600 $640 $450
Median yield % 4.16% NA 4.63%
Median rent change - 1 year 5.26% 28.00% 7.14%
  House Units
Previous month sales 7 3
Stock on market previous month 26 8
Stock variance vs. last year -18.75% 60.00%
Average days on market 93 86

Lenah Valley investment property listings

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