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 › Ruth Dr
$840,000
Last sold
28 Nov 2023
3
Bedrooms
2
Bathrooms
3
Car spaces
718 m²
Land
160 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
$840,000
28 Nov 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
+9.1%
Median sale
Suburb $770,000
-0.29 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 HobartThis well located, two storey home has been beautifully renovated and boasts a flexible floor plan, perfect for the growing family. Mesmerising views across the city scape and River Derwent are availed from most of the light filled rooms, but best enjoyed from the generous, glass balustrade secured, entertaining deck.
Upstairs boasts an impressive open plan living floorplan, providing views from every vantage point, and access to the deck. The contemporary chefs kitchen contains quality Westinghouse appliances, a large pantry and gorgeous stone benchtops. A wonderfully spacious master bedroom features a walk-in robe that connects to the sleek, modern main bathroom, cleverly creating an ensuite element to the space. A second carpeted bedroom and a practical laundry complete the top floor.
Downstairs is set up perfectly for a teenager or guest retreat, incorporating a bedroom, modernised ensuite and 2nd living space. The living space here is also signed off as a bedroom, providing additional flexibility for the larger family. The downstairs space has external access and could easily be utilised as short term accomodation (S.T.C.A.) for those seeking a passive income.
The generous allotment is fully fenced and landscaped for ease of maintenance and care. A second smaller deck extends from the laundry, and downstairs is benefitted by a large undercover patio.
Vehicles are well catered for, with an undercover carport complemented by plenty of off-street parking.
Investors will be impressed by the combination of strong capital growth (+102% past 10 years*) and solid yield in this very bankable city fringe suburb.
This property is located just minutes from the Lenah Valley shopping precinct, schools and Calvary Hospital, whilst the famous North Hobart restaurant strip is just a 7-minute drive. The Hobart CBD can be reached in just over 10 minutes, making this delightful family home just so convenient to everything.
• Mesmerising views across Hobart and the River Derwent
• Recently renovated. Stunning modern bathrooms.
• Open plan living spaces with access to entertaining deck
• Downstairs perfect for teenager or guest retreat
• Landscaped, fully fenced grounds with undercover carport
Council Rates: $2,200 (Approx p.a.)
Water Rates: $1,000 (Approx p.a.)
* Core Logic Lenah Valley House statistics Oct 2023
Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's 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 Mark Weaver, Harcourts Hobart — reproduced as published, not verified by Districts.