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Back 88 Ashbolt Crescent
Off Market

88 Ashbolt Crescent

Lutana TAS 7009

3
1
3
122 m²
557 m²
House
Last sold for $525,000
Ben KorkmazBen Korkmaz, last sold this property on 30 January 2026 after 5 days on market.

Overview

Project-Ready with Water Views in a Blue-Chip Lutana Pocket

Ready for transformation, this elevated Lutana home offers water views, land, and genuine upside a rare blank canvas in one of Hobart's most tightly held inner suburbs and desirable streets. 88 Ashbolt Crescent is a rare opportunity to secure a project-ready home in an outstanding location, with water views, land, and long-term upside firmly on its side. Purposefully stripped back and presented in its raw, honest form, the home has been prepared for buyers who want clarity not cosmetic cover-ups. Carpets, window furnishings and dated finishes have been removed to reveal a clean slate, allowing the structure, layout and outlook to take centre stage. The result is a property that invites imagination and rewards vision. Built in 1953 and set on a 557 m² General Residential allotment, the home enjoys an elevated position with outlooks across the Derwent River and over the nearby golf course a rare combination that adds both lifestyle appeal and future value. This quiet pocket of Lutana is tightly held, prized for its outlook, established streetscape, and proximity to Moonah, quality schools and the Hobart CBD, which is less than ten minutes away. The existing footprint offers approximately 116 m² of internal living, comprising three bedrooms, central bathroom and practical living spaces. The fundamentals are solid, providing an excellent foundation for renovation, reconfiguration or extension (STCA). Whether the vision is to modernise and re-lease, create a contemporary family home, or design a long-term owner-occupied residence, the upside here is clear and achievable. Homes offered in this condition stripped back, well located, and genuinely ready for transformation are increasingly hard to find. For first-home buyers looking to add value over time, renovators seeking their next rewarding project, or investors searching for a well-positioned asset with growth potential, this is an opportunity that stands apart from the usual "needs work" listings. What sets 88 Ashbolt Crescent apart is not what has been done but what is possible. A clean canvas, a premium outlook, and a suburb that continues to outperform... A building inspection report is available for purchase from Peter Genders - peter@fbitas.com.au. Heating: Reverse Cycle Air conditioner Year built: 1953 Council rates: $1950 pa approx. Fixed water rates: $1000 pa approx. Rental estimate: per week $ $550.00 to $595.00 (subject to maintenance being completed and tenant ready).

Features

3 bedrooms
1 bathroom
3 carspaces
122 m² floor area
557 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lutana over the last 12 months, the estimated median property value of 88 Ashbolt Crescent is $642.5k.

Median value
$642.5k
Estimated value range
$525k - $857k
Median days on market
13
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lutana. 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 88 Ashbolt Crescent

2026
Sold
$525,000
Private Sale/Treaty on 30 Jan 2026 by Ben Korkmaz, of Insitu Property Hobart

Happy sellers in Lutana

92%
92% of sellers in Lutana reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Lutana over the last 12 months.

Local market activity for 3 bedroom houses in Lutana

In the last 12 months, 31 three-bedroom houses similar to 88 Ashbolt Crescent, have been sold.

This represents a 42% decrease in three-bedroom houses 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 Lutana

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Bryce Blacklow

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

  •   5   (317 reviews)
  •  7 Reviews in Lutana
  •  4 Sales in Lutana
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Aaron Murray

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

  •   4.9   (319 reviews)
  •  4 Reviews in Lutana
  •  2 Sales in Lutana
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Kevin Spaulding

Kevin Spaulding is a recommended agent for Lutana.  They have 1 local sale and collected 4 local reviews across the last 12 months.

  •   4.9   (202 reviews)
  •  4 Reviews in Lutana
  •  1 Sale in Lutana
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Jeff Belbin

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

  •   5   (95 reviews)
  •  3 Reviews in Lutana
  •  3 Sales in Lutana
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