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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 $749,000 and this has changed -2.61% over the past year and changed -5.79% over 2 years.

The median rent in Lenah Valley for houses is $595 per week and the median rental yield is 4.13%. Stock on the market for houses/townhouses has changed -26.67% compared to last year and the average time to sell a house/townhouse is 94 days.The median listing price for units is $505,000 and this has changed -3.81% over the past year. The average unit takes 87 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

0.44%

Current vacancy rate


13

Rental stock available


5,940

Population


21.50%

Rental population


0.80%

Current vacancy rate


213

Rental stock available


50,445

Population


30.68%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for Lenah Valley, Hobart

  House Townhouses Units
Median listing price $749,000 NA $505,000
Median price change - last quarter 0.00% NA 2.02%
Median price change - 1 year -2.61% NA -3.81%
Median price change - 2 years -5.79% NA -16.53%
  House Townhouses Units
Median weekly rent $595 $640 $450
Median yield % 4.13% NA 4.63%
Median rent change - 1 year 3.47% 28.00% 4.65%
  House Units
Previous month sales 4 1
Stock on market previous month 22 7
Stock variance vs. last year -26.67% 0.00%
Average days on market 94 87

Lenah Valley investment property listings

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