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 › Jabez Cres
$969,000
Last sold
14 Oct 2022
4
Bedrooms
3
Bathrooms
6
Car spaces
719 m²
Land
296 m²
Building
Districts View
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
$969,000
14 Oct 2022 · derived via latest_sale
Local land rate: recorded House sales in Lenah Valley (last 5 years) with land size have a median of $1,181/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
+25.8%
Median sale
Suburb $770,000
-0.71 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 scheme
Hobart Local Provisions Schedule
Zone
General Residential
114.8
Jurisdiction
Hobart
Hobart, TAS
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
TASZoned General Residential · 114.8 (Hobart Local Provisions Schedule). Official parcel area about 730 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 114.8 (Hobart Local Provisions Schedule). Official parcel area about 730 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 730 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 HobartPerched in an enviable location is this expansive family home that offers a generous scale that will accommodate a large extended family and provide flexible living options. The quiet, sunny and elevated cul-de-sac location can be enjoyed in combination with extensive northerly views including Mount Wellington, the River Derwent and beyond.
Comprising of three bedrooms upstairs and two bathrooms, including an ensuite for the main bedroom suite. Expansive living across two separate living areas can be enjoyed for your family to make things comfortable together with a very well-appointed kitchen that will make entertaining and preparing home cooked meals easy and fun. Whilst upstairs you will enjoy endless moments of gazing out into the world with the extensive views ever present in the background.
The quality brick property was constructed in 1993 and is arranged over two expansive levels. A large balcony extends from the living area upstairs that will be a great spot to enjoy a morning coffee or afternoon sun. The options here are exceptional for those that need a big home with flexible living areas.
Downstairs comprises a self-contained area offering a double bedroom, living area, kitchen and dining, and a bathroom. There is internal access available and separate access to the front of the property so that quiet enjoyment of this space is possible. It would be ideal for an elderly parent or a very lucky teenager.
There is a secure double garage downstairs that provides internal access together with multiple parking spots in the driveway.
The home is situated proudly on a comfortable 719m2 allotment, with mature gardens at the front and the rear of the home. There is also a large patio to the rear, which is easily accessed from the main living area, that would be ideal for a large gathering or the quiet enjoyment with the family for a BBQ.
The property has been a family home that has been enjoyed for many years by the current owner, but more recently has become an investment property by default. Currently the property is returning $ 925pw combined with the tenancies in place, which come to its natural end on the 26th of October this year. This is when vacant possession could be sought, or the tenancies could potentially be extended if the new owner required possession at a later stage.
The suburb of Lenah Valley is very appealing for professional workers with close proximity to the CBD, whilst numerous local schools, parks, cafes, gourmet grocer a chemist and local convenience stores that will make family living a breeze. The street is well regarded and provides a safe haven to own your piece of Hobart's Real Estate, raise a family or invest in your future.
For further information or to arrange a private inspection, please contact Ben Vance.
Council rates $ 2,748 per annum approximately
Water rates $ 1,576 per annum approximately
Listing description written by Ben Vance, Harcourts Hobart — reproduced as published, not verified by Districts.