Lenah Valley at a glance
6,649
People
$770,000
Median sale
$514/wk
Median rent
3.47%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
TAS › Lenah Valley › Giblin St
$855,000
Last sold
11 Apr 2023
3
Bedrooms
2
Bathrooms
6
Car spaces
946 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$855,000
11 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Lenah Valley (last 5 years) with land size have a median of $1,190/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Lenah Valley at a glance
6,649
People
$770,000
Median sale
$514/wk
Median rent
3.47%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Lenah Valley
+11.0%
Median sale
Suburb $770,000
-0.34 pp
Gross yield
Suburb 3.47%
Suburb median $770,000 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $514/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Lenah Valley at a glance
6,649
People
$770,000
Median sale
$514/wk
Median rent
3.47%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts HobartA recent price adjustment makes this gem of a property on a big block affordable to both investors in terms of rental properties being in short supply and owner occupiers who are looking to add value and subsequent capital growth.
This 1950s residence enjoys a nicely elevated position right on the cusp of both New Town and Mount Stuart… delivers local leafy vistas to Mount Direction plus Derwent River views!
The mid-twentieth architectural style has a real following, devotees of the era appreciating the clean linear interiors, high ceilings and solid concrete block construction.
Fresh paintwork in a warm white tone complements polished timber floors…airy and spacious open plan living areas in addition to a wide entrance hall engenders a lovely feel immediately on entering the property. A lovely contemporary kitchen with a ruby red splash back and custom made joinery in charcoal hues connects seamlessly to dual living indoors with easy access outdoors to a level entertaining area.
There are 3 bedrooms, the generously proportioned master bedroom benefits from new blinds and capacious built in wardrobes. A designated laundry nook plus built in storage and 2 bathrooms…one very roomy and inviting with a spa bathtub and skylight services the accommodation.
The interiors have been re-wired. Ducted gas central heating ensures comfort year round and rooftop solar panelling offset rising energy costs.
Number 18 is situated at the end of a quiet no through road, so perfectly positioned on an extensive 946m2 allotment, fully fenced with child proof secure gates. At the rear, terracing provides good definition and easy access to the garden. Great off street parking for up to 5 cars including a single garage. A glass house is an all season bonus for producing kitchen produce or ornamentals.
There is fabulous under-house storage and workshop space providing easy access for tradesmen.
This property enjoys a fantastic location on the city fringe and walking distance to Lenah Valley village precinct, buzzy with a nice community feel. A choice of schools are close by including Mount Stuart Primary and New Horizons Preschool also just a leisurely stroll away. Do not miss an opportunity to secure an excellent property with huge potential to add value given the outlook , size of the block and position!
Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.
Listing description written by Lynne Page, Harcourts Hobart — reproduced as published, not verified by Districts.