Back 5/239 Lenah Valley Road
Off Market

5/239 Lenah Valley Road

Lenah Valley TAS 7008

2
1
1
77 m²
153 m²
Unit
Last sold for $475,000
David GunningDavid Gunning, last sold this property on 19 February 2026 after 23 days on market.

Overview

Lenah Valley Lifestyle & Location - Invest or Move In

Positioned in a quiet complex and set well back from the road, this neat and tidy two-bedroom unit offers an ideal entry point into the market or a smart addition to any investment portfolio. Conveniently located close to bus stops and within easy walking distance to the city, Augusta Road shops and cafes, and vibrant North Hobart, the lifestyle appeal is undeniable. Inside, the unit features two generous bedrooms, including a versatile study nook, perfect for working from home or additional storage. The modern bathroom, efficient heat pump, and functional kitchen with space for a dining table ensure comfortable, low-maintenance living. From the kitchen window, enjoy a pleasant outlook toward Kunanyi/Mount Wellington, adding a welcome sense of space and connection to the outdoors. Off-street parking adds further practicality, while investors will appreciate the secure lease in place at $440 per week until 23 April 2026, providing immediate and reliable rental income. Affordable, well located, and easy to maintain, this property represents a fantastic opportunity for first home buyers looking to step into the market or investors seeking a solid, low-risk return.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
77 m² floor area
153 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 5/239 Lenah Valley Road 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 5/239 Lenah Valley Road

2026
Sold
$475,000
19 Feb 2026 by David Gunning, of EIS Property Hobart
2024
Rented
Undisclosed
Leased on 18 Apr 2024 by EIS Property Hobart

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 5/239 Lenah Valley Road, have been sold.

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

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