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 › Stratton Ave
$596,000
Last sold
17 Nov 2023
2
Bedrooms
1
Bathrooms
3
Car spaces
663 m²
Land
107 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
$596,000
17 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
-22.6%
Median sale
Suburb $770,000
+1.01 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 Ripple RealtyWith magnificent city and mountain views, this two-bedroom freestanding home situated in a leafy corner of popular Lenah Valley is a wonderful opportunity for investors, downsizers and those looking for a quiet and comfortable lifestyle - all within ten minutes of central Hobart.
The communal space is separated into three rooms, with a seamless flow between them that creates a flexible and functional floorplan. Large windows fill the living room with natural light and make the most of the view across Hobart's cityscape, the Derwent River, and Eastern Shore. There's both reverse cycle air conditioning and a natural gas heater for year-round comfort, and access to a slate-tiled patio - where you can enjoy a morning coffee or relax with your favourite drink at the end of the day.
Step through to the pleasant dining room, and on to the sizeable kitchen. Recently renovated since the property's 1975 build, there's a good amount of storage here, and the direct view of majestic kunanyi/Mt Wellington will make every meal prep a pleasure.
Both of the generous double bedrooms have built-in wardrobes and face onto the private rear yard. The bathroom has also been updated in recent times and includes a large vanity, separate bath and shower, with the toilet adjacent and internal laundry facilities available.
The 663sqm block features an established garden with colourful blooms, a 2-car carport, garden shed, and covered outdoor area that is a perfect spot for entertaining friends or al fresco dining.
Situated close to the many cafes and shops in Lenah Valley, North Hobart and New Town, reputable local schools and childcare, Calvary Hospital, and with a bus service passing right along Stratton Ave - this really is an ideal location with everything nearby. Add to that the nearby parks - including John Turnbull Park with a dedicated dog exercise area - and easy access to the extensive network of walking and bike tracks that will allow you to explore the vast Wellington Reserve.
Quiet and convenient living plus fabulous views will make this delightful home an attractive opportunity for many, so be quick to contact Warwick and arrange an inspection time - you won't want to miss this!
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Warwick Page, Ripple Realty — reproduced as published, not verified by Districts.