Lenah Valley at a glance
6,649
People
$770,000
Median sale
$514/wk
Median rent
3.47%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
TAS › Lenah Valley › Kiewa Rise Lot 118
$260,000
Last sold
28 Mar 2026
0
Bedrooms
0
Bathrooms
0
Car spaces
1,148 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
$260,000
28 Mar 2026 · derived via latest_sale
Local land rate: recorded Land sales in Lenah Valley (last 5 years) with land size have a median of $285/m² of land (n=21). 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 43 recorded sales (last 12 months) — a Districts calculation.
Vs Lenah Valley
-66.2%
Median sale
Suburb $770,000
+6.81 pp
Gross yield
Suburb 3.47%
Suburb median $770,000 from 43 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Eastern ShoreWe are instructed by the Mortgagee to offer five outstanding allotments within the highly sought-after Parkwood Gardens subdivision in Lenah Valley.
Lot 118 - 38 Kiewa Rise
Set on a generous 1148m² parcel, this superb block features a gentle slope and a lovely outlook - the perfect canvas to design and build your dream home.
Ideally positioned just minutes from the heart of Hobart, Parkwood Gardens offers the rare combination of everyday convenience and peaceful, natural surrounds. Thoughtfully master-planned, the subdivision showcases a range of lot sizes and price points, complemented by generous green spaces and a quality neighbourhood setting.
Enjoy easy access to local shops, reputable schools, parks, and public transport - everything you need for effortless family living.
This is your opportunity to secure premium land in one of Hobart's most exciting emerging communities.
Lot sizes available from 703m² up to an impressive 1,148m².
For Sale Now or by Public Auction
On-Site - 28 March 2026
A copy of the Auction conditions and particulars are displayed in our office and are available upon request.
The Vendor reserves the right to accept offers prior to auction.
To arrange further information or register your interest, please contact our office via the "Contact Agent" link.
All measurements are approximate. Interested parties should make their own enquiries and satisfy themselves in all respects. The information contained herein does not form part of any contract.
Listing description written by Matt Carne, Raine & Horne Eastern Shore — reproduced as published, not verified by Districts.
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