Lenah Valley TAS 7008

Here you can find what you need to know about Lenah Valley, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$625k Median Sale Price (National Average $485k) 23rd In TAS
13.64% Median Price Change (1 yr) (National Average 4.30%) 50th In TAS
$548pw Median Rent (National Average $395) 16th In TAS
4.6% Median Gross Yield (National Average 4.24%) 94th In TAS
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Properties sold 81
Average discounting -4.80%
Average Days on Market 33
Stock on Market 7 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Lenah Valley, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Lenah Valley, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Lenah Valley, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Lenah Valley


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State Auction Clearance Rates - July 2020

Auctions Clearance rate
TAS 1 0%
ACT 38 82%
NSW 442 65%
NT 3 33%
QLD 92 34%
SA 25 75%
VIC 362 64%
WA 10 30%

Local Schools


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Suburb Information

Lenah Valley, TAS 7008

Part of: Hobart Council No data available

The size of Lenah Valley is approximately 8.4 square kilometres. It has 11 parks covering nearly 8.1% of total area. The population of Lenah Valley in 2011 was 5,852 people. By 2016 the population was 5,934 showing a population growth of 1.4% in the area during that time. The predominant age group in Lenah Valley is 40-49 years. Households in Lenah Valley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lenah Valley work in a professional occupation. In 2011, 75.1% of the homes in Lenah Valley were owner-occupied compared with 74% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Lenah Valley

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Lenah Valley   for Houses in last 12 months


There have been 81 Houses sold in Lenah Valley in the past 12 months with a median sale price of $589K, up 15.4% annually. It takes on average 13 days to sell with vendor discounting of -0.05%.

Streets in Lenah Valley


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North Hobart TAS, 7000 -3.97% $653,000 $550pw 4.4% View Suburb Profile
Glenorchy TAS, 7010 1.84% $387,000 $420pw 5.6% View Suburb Profile