Back 3/40 Valley St
Off Market

3/40 Valley St

West Hobart TAS 7000

3
2
1
142 m²
329 m²
Townhouse
Abi FreemanAbi Freeman, last sold this property on 09 December 2025 after 21 days on market.

Overview

Light-filled home with views across Hobart to the River Derwent

Privately tucked away in an elevated position of West Hobart, this stylish home offers a rare blend of space, sunlight and city-fringe convenience. One of only three in the complex, it is a peaceful retreat with sweeping views and easy access to Hobart's CBD. A perfect opportunity for downsizers, couples, or investors seeking a home in one of Hobart's most desirable suburbs. The open plan design creates a warm and inviting home, comprising the well-equipped Tasmanian Oak kitchen and living spaces, with glass sliders opening onto a sun-drenched balcony to create seamless indoor/outdoor living and enjoy the ever changing vistas. A deck on the opposite side offers a low-maintenance outdoor escape, ideal for entertaining and relaxing outdoors. The home features three generous bedrooms, all with built-in wardrobes. The upstairs bedroom is serviced by the main bathroom, two additional bedrooms downstairs share a dual-access bathroom, ideal for guests or flexible family living. With secure garage parking and internal access, solar panels, solar hot water, panel heating, NBN connection, visitor parking, and thoughtful design throughout, this home delivers comfort and practicality. Within easy reach of the nature trails of Knocklofty Reserve, excellent schools, Hill Street Grocer and other local shops, parks, playgrounds and the cosmopolitan North Hobart Strip just a short stroll away, this property presents an outstanding opportunity for purchasers seeking to buy into this coveted locale.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
142 m² floor area
329 m² lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in West Hobart over the last 12 months, the estimated median property value of 3/40 Valley St is $890k.

Median value
$890k
Estimated value range
$745k - $1m
Median days on market
23
Estimated value trend
66%
increase over the last 12 months
Average days on market is based on recent, comparable sales in West Hobart. 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 3/40 Valley St

2025
Sold
Undisclosed
09 Dec 2025 by Abi Freeman, of Elders Tasmania
2024
Rented
Undisclosed
Leased on 01 Oct 2024 by EIS Property Hobart
2008
Sold
$385,000
19 Sep 2008 by Mike Speakman, of Petrusma Property - Hobart/ Sandy Bay

Happy sellers in West Hobart

90%
90% of sellers in West Hobart reported that their sale price either exceeded or met their price expectations.

West Hobart stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in West Hobart over the last 12 months.

Local market activity for 3 bedroom townhouses in West Hobart

In the last 12 months, 5 three-bedroom townhouses similar to 3/40 Valley St, have been sold.

This represents a 150% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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