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 › Newlands Ave
$1,005,000
Last sold
14 May 2026
3
Bedrooms
2
Bathrooms
4
Car spaces
630 m²
Land
150 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
$1,005,000
14 May 2026 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+30.5%
Median sale
Suburb $770,000
-0.81 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 Insitu Property HobartSet on a generous 773 m² (approx.) allotment in a peaceful and convenient pocket, 3 Newlands Avenue is a beautifully renovated period home that balances timeless character with thoughtful modern updates. Offering flexible living across two levels, the home is ideally suited to families, professionals, or those seeking space close to the city, while also presenting exciting further development potential (STCA). The substantial landholding and versatile layout open the door to future possibilities such as creating a dual income property, adding further accommodation, or exploring additional development to maximise the site's value.
From the moment you arrive, the home feels welcoming and well considered. A stylish mudroom entry provides a practical everyday landing space, complete with built-in seating, storage and hooks, ideal for busy households. Inside, the home's original charm is immediately evident, with polished Tasmanian oak floorboards, high ceilings, ceiling roses, decorative fretwork, and incredible period details such as stained glass windows, original fireplaces, and door handle features, all carefully retained and enhanced by fresh, contemporary finishes.
Western and northwestern light streams through the living areas, creating bright, airy, and inviting spaces. The main living area is warm and centred around a wood heater, framed by a beautiful bay window that floods the room with natural light. The main bedroom is generously proportioned, complemented by newly installed built-in robes, while the renovated bathroom is fresh and well-appointed with modern fixtures.
At the heart of the home, the brand-new kitchen is both functional and refined, featuring quality appliances, an induction cooktop, and excellent storage. Adjoining this space, a versatile sunroom or scullery adds further practicality, complete with an additional sink and dishwasher, ideal for entertaining or everyday use.
The lower level offers exceptional flexibility, with a layout that adapts easily to a variety of needs. Here you will find a second living or rumpus room with new carpet, opening through double doors to a newly built timber deck and landscaped garden. Additional accommodation includes a large bedroom with double-glazed windows, a further bedroom with its own wood heater, and a dedicated study. A second bathroom and laundry complete this level, along with generous under-house storage.
Also beneath the home is a fabulous sandstone wall cellar, providing an excellent cellar or additional storage space and adding yet another layer of appeal to this character-rich property. The configuration of this level further enhances the home's suitability for dual living or income-producing arrangements.
Outdoors, the property continues to impress. The expansive backyard provides a private and established setting with level lawn, garden spaces, and a pergola for outdoor entertaining. The size and accessibility of the block, combined with two separate driveways, offers excellent scope for future enhancement or redevelopment (STCA), whether that be extending the existing home, adding ancillary accommodation, or further utilising the land to create additional income streams.
Energy efficiency has been thoughtfully considered, with a 13kW solar system comprising 20 panels helping to reduce ongoing costs, alongside double glazing in key areas for improved comfort.
Quietly positioned yet highly convenient, the home is just moments from local shops, schools, cafés, Calvary Hospital, and public transport, and only a short drive to the Hobart CBD.
Character-filled, flexible, and beautifully updated, 3 Newlands Avenue offers a rare opportunity to secure a substantial home with both immediate comfort and long-term lifestyle appeal, complemented by genuine future potential (STCA) for those looking to further capitalise on this outstanding site.
Heating: 2 x wood heaters and reverse-cycle air conditioner
Year built: 1914
Council rates: $3010.00 Per annum approx.
Fixed water rates: $1190.00 Per annum approx.
Rental estimate: $760.00 and $820.00 per week.
Listing description written by Nina Schubert, Insitu Property Hobart — reproduced as published, not verified by Districts.