Back 1/18 Wallace Avenue
Off Market

1/18 Wallace Avenue

Lenah Valley TAS 7008

2
1
135 m²
Unit
Julian ParkerJulian Parker, last sold this property on 02 March 2026 after 34 days on market.

Overview

Positioned to capture elevated views across native bushland and glimpses of water, this unit presents an exciting opportunity for buyers looking to add value in one of Lenah Valley's most tightly held pockets. The home does require renovation, but this is where the appeal truly lies. With a solid layout and an enviable outlook, it offers the perfect blank canvas to renovate and personalise to your own taste. Whether you're an owner-occupier wanting to create something special or an investor seeking upside, the potential here is undeniable. A standout feature is the generous under-house storage area, offering far more than just storage. With the right vision, this space could be transformed into a art studio, workshop or creative retreat, adding flexibility and future value. Comprising two bedrooms and one bathroom, the unit enjoys a peaceful setting while still being just minutes from Hobart's CBD, shops, schools and services. Properties with this level of potential and outlook are becoming increasingly ra

Features

2 bedrooms
1 bathroom
135 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Lenah Valley over the last 12 months, the estimated median property value of 1/18 Wallace Avenue is $480k.

Median value
$480k
Estimated value range
$400k - $630k
Median days on market
19
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lenah Valley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/18 Wallace Avenue

2026
Sold
Undisclosed
Private Sale/Treaty on 02 Mar 2026 by Julian Parker, of Harcourts Kingborough

Happy sellers in Lenah Valley

76%
76% of sellers in Lenah Valley reported that their sale price either exceeded or met their price expectations.

Lenah Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in Lenah Valley over the last 12 months.

Local market activity for 2 bedroom units in Lenah Valley

In the last 12 months, 9 two-bedroom units similar to 1/18 Wallace Avenue, have been sold.

This represents a 25% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lenah Valley

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent