2/8 Wallace Ave

Off Market

2/8 Wallace Ave

Lenah Valley TAS 7008

Unit

Peter Verdiglione, last sold this property on 30 March 2023 after 288 days on market.

Overview

Low maintenance investment

Note: Current lease expires 21 February 2023. This two bedroom unit is well presented and extremely low maintenance, set in a peaceful area in Lenah Valley. The property provides a great opportunity to secure a sound 'set and forget' investment at an affordable entry level, or affordable first home. Featuring a light and bright open plan living area, the property has been recently painted and has new curtains, blind and carpet, and a new oven. The bathroom features a shower over bath, vanity, laundry taps and separate toilet. The two bedrooms are well-sized and have built-in robes, and there is generous additional storage in the kitchen area. - Recently painted - New carpets throughout - New curtains in lounge and bedrooms, and blind in kitchen - Rewired and full electrical check, including new kitchen exhaust - Built-in robes to both bedrooms - Ground floor with level access - Allocated parking space - Current lease expires 21 February 2023 Rates: $1200 per annum approx Water: $800 per annum approx Strata: $1800 per annum approx All interested parties should make their own enquiries to verify this information.

Features

2 bedrooms

1 bathroom

1 carspace

1 carport space

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 2/8 Wallace Ave is $475k.

Median value

$475k

Estimated value range

$400k - $630k

Median days on market

Estimated value trend

-11%

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 2/8 Wallace Ave

2024

Rented

Undisclosed

Leased on 27 Sep 2024 by PRD Montrose Hobart

2024

Rented

Undisclosed

Leased on 27 Sep 2024 by PRD Hobart

2023

Sold

Undisclosed

30 Mar 2023 by Peter Verdiglione, of Agent In A Box

Happy sellers in Lenah Valley

80%

80% 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 23 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 2/8 Wallace Ave, have been sold.

This represents a 20% increase in two-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Lenah Valley for a free market appraisal.

Nick Morgan

at Peterswald

(275 reviews)

Get a free market appraisal

Aaron Murray

at 4one4 Property Co.

4.9

(395 reviews)

Get a free market appraisal

Harry Coomer

at Peterswald

4.9

(1096 reviews)

Get a free market appraisal

Deb Stephens

at EIS Property Hobart

(145 reviews)

Get a free market appraisal

Nearby agents

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

Nick Morgan

Nick Morgan is an award winning recommended agent for Lenah Valley. They have 8 local sales and collected 6 local reviews across the last 12 months.

5 (275 reviews)
6 Reviews in Lenah Valley
8 Sales in Lenah Valley

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Aaron Murray

Sellers who recommend Aaron Murray have praised them for being clear communication, local expert, responsive, friendly, well-prepared, supportive and reliable

4.9 (395 reviews)
4 Reviews in Lenah Valley
4 Sales in Lenah Valley

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Harry Coomer

Sellers who recommend Harry Coomer have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and reliable

4.9 (1096 reviews)
3 Reviews in Lenah Valley
5 Sales in Lenah Valley

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Deb Stephens

Sellers who recommend Deb Stephens have praised them for being local expert, clear communication, supportive, honest, friendly, well-prepared and reliable