Thinking about buying in Lenah Valley? Now could not be a better time, with 3444 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $424,000 with prices in this suburb ranging from $16,000 to $2,053,000. Lenah Valley is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $336.44 |
Median Monthly Mortgage | $1700.39 |
Median Persons Per Bedroom | 0.87 |
Average Household Size | 2.50 |
Average Age | 38.22 |
Average Income | $909.44 |
Average Cars Per Dwelling | 1.71 |
Average Properties Within 50M | 11 |
1 Bed  $329,000 |
2 Bed  $333,000 |
3 Bed  $458,000 |
4 Bed  $488,000 |
5 Bed  $507,000 |
6 Bed+$360,000 |
Consistent high demand relative to supply is a key feature in Lenah Valley driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Lenah Valley ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Lenah Valley classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Lenah Valley requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
6 YELGUN PL, LENAH VALLEY, TAS, 7008 | 3 | 1 | 2 | Offer Over $695,000 | |
24 EDGE AV, LENAH VALLEY, TAS, 7008 | 3 | 1 | Offers Over $725,000 | ||
UNIT 1, 143 AUGUSTA RD, LENAH VALLEY, TAS, 7008 | 4 | 2 | 1 | Expressions of Interest Over $900,000 | |
74 ATHLEEN AV, LENAH VALLEY, TAS, 7008 | Offers over $240,000 | ||||
UNIT 1, 71 GIBLIN ST, LENAH VALLEY, TAS, 7008 | 2 | 2 | 2 | Buyer Enquiry Range - $575,000 - $650,000* | |
77 ATHLEEN AV, LENAH VALLEY, TAS, 7008 | Offers Over $295,000 |
Immaculate Heart of Mary Catholic School
Lenah Valley Primary School
Hilliard Christian School
Sacred Heart College
Mount Stuart Primary School
New Town Primary School
Ogilvie High School
The Friends' School
Springfield Gardens Primary School
St Therese's Catholic School
(While the above schools are located with the suburb of Lenah Valley there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.2 | 5.4 | 15.2 | 52.9 | 95.4 | 8.6 | 21.9 |
Feb | 2.5 | 4.4 | 12.8 | 61.3 | 97.6 | 8.3 | 17.2 |
Mar | 3.1 | 4.6 | 11.8 | 65.3 | 97.1 | 8.0 | 12.4 |
Apr | 2.4 | 1.9 | 8.4 | 67.9 | 98.4 | 10.8 | 9.2 |
May | 3.8 | 1.1 | 6.3 | 69.9 | 96.0 | 10.7 | 5.9 |
Jun | 6.0 | -0.1 | 4.5 | 72.4 | 97.7 | 9.8 | 5.2 |
Jul | 1.6 | -1.4 | 3.0 | 75.2 | 98.4 | 10.0 | 6.1 |
Aug | 1.2 | -1.7 | 2.9 | 77.7 | 97.7 | 9.4 | 8.4 |
Sept | 3.8 | -0.8 | 5.1 | 74.1 | 98.1 | 9 | 11.4 |
Oct | 1.8 | 1.0 | 9.1 | 56.1 | 96.3 | 9.2 | 17.8 |
Nov | 4.8 | 1.7 | 9.8 | 66.0 | 97.0 | 9.4 | 18.7 |
Dec | 3.1 | 3.9 | 12.9 | 56.7 | 95.9 | 9.2 | 21.4 |
source: Australian Government Bureau of Meteorology
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