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Back 3/10 Wallace Avenue
Off Market

3/10 Wallace Avenue

Lenah Valley TAS 7008

2
1
1
61 m²
76 m²
Unit
Annisa BurnsAnnisa Burns, last sold this property on 01 April 2015 after -2667 days on market.

Overview

A solid investment in popular Lenah Valley

Located in the popular suburb of Lenah Valley, in a quiet no through road, this unit is sure to be on your radar. One of only four units in the complex, Unit 3 boasts what is perhaps the best position, capturing plenty of natural light from its elevated position. Inside is a welcoming space that has been well-maintained with modern upgrades to the kitchen and bathroom in recent years. The kitchen, efficient in design, provides plenty of bench and cupboard space for the occupier. The open plan area provides space for the dining and living areas with delightful Valley views, and from the window the Organ Pipes and summit of kunanyi/Mount Wellington can be seen. Both bedrooms connect with the living area, are well-sized and have built-in wardrobes. The upgraded bathroom provides plenty of room and includes space for a washing machine. A separate toilet, one car space, and delightful communal grounds completes the offering. Lenah Valley offers great proximity to both Hobart (approx. 12 mins) and Glenorchy (approx. 5 mins) CBDs, and its own shopping area has been upgraded in recent years offering specialty grocery, local conveniences including medical centres, chemists, a newsagency, and the ever popular Whisk café. It is a popular locale for all types of tenants and makes for a solid "set and forget" investment. There are numerous parks to enjoy, excellent schools and public transport is frequent (and only short walk from the subject property). The property is currently leased until 17th August 2023 at $400 per week. Property outgoings, including Rates, Land Tax, Water and Body Corporate fees amount to approx. $3,100.00 per annum (2021/22 financial year).

Features

2 bedrooms
1 bathroom
1 carspace
61 m² floor area
76 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 3/10 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 3/10 Wallace Avenue

2026
Rented
Undisclosed
Leased on 23 Feb 2026 by CPPM Property Management and Sales
2023
Rented
Undisclosed
Leased on 18 Jun 2023 by CPPM Property Management and Sales
2021
Rented
Undisclosed
Leased on 13 Aug 2021 by CPPM Property Management and Sales

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 29 reviews in Lenah Valley over the last 12 months.

Local market activity for 2 bedroom units in Lenah Valley

In the last 12 months, 10 two-bedroom units similar to 3/10 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

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Nick Morgan

Sellers who recommend Nick Morgan have praised them for being clear communication, local expert, responsive, honest, friendly, supportive and dedicated

  •   5   (262 reviews)
  •  8 Reviews in Lenah Valley
  •  9 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   (1082 reviews)
  •  3 Reviews in Lenah Valley
  •  5 Sales in Lenah Valley
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Elle Crowther

Elle Crowther is a recommended agent for Lenah Valley.  They have 1 local sale and collected 4 local reviews across the last 12 months.

  •   5   (42 reviews)
  •  4 Reviews in Lenah Valley
  •  1 Sale in Lenah Valley
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Nick Cowley

Sellers who recommend Nick Cowley have praised them for being clear communication, local expert, friendly, honest, responsive, supportive and dedicated

  •   5   (125 reviews)
  •  3 Reviews in Lenah Valley
  •  3 Sales in Lenah Valley
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