News Corp Australia Network
THIS Lenah Valley fixer upper is one-of-a-kind.
There is little mystery as to why it has been so popular since hitting the market, with its potential, location and price tag.
For house hunters looking for a property in this suburb, the median price is $930,000 with 19 per cent annual growth, per PropTrack figures. The unit median sits at $573,000.
But here at No.460 Lenah Valley Rd, Knight Frank is seeking a sharp $425,000-plus.
Last week, this property zoomed to the top of realestate.com.au’s popularity charts to be Tassie’s No.1 most-viewed home.
Knight Frank property representative Brad Stephens said it had been massively popular.
“The amount of inquiry has been huge,” he said. “We have had about 85 groups through the home.”
Mr Stephens said the price was a big part of the appeal.
“The affordability for this suburb has definitely grabbed people’s attention.
“Some are looking for a project, and this is a serious project. I’d say the majority of people are looking to renovate; it’s not really habitable ‘as is’.”
The three-bedroom weatherboard house was built in 1955 and is set in the foothills of kunanyi/Mount Wellington.
It offers an affordable entry point into the popular Lenah Valley market, in a whisper-quiet bush setting.
The home occupies a north-facing position on a sloping block, among eucalypt trees and overlooking lush green hills and a bubbling creek below.
The floorplan includes a central main bathroom, separate toilet, a combined kitchen and dining space, and a living area that captures all-day sunshine.
Timber features heavily throughout, and brings a lovely sense of warmth to the home.
Outdoors, there is a sunny veranda with beautiful bush and mountain views.
A generously sized single garage and separate workshop area provide off-street parking and secure storage for tools and hobbies.
Just 11 minutes from the city centre, Lenah Valley is in one of Hobart’s most sought-after suburbs.
It is on the doorstep of walking tracks within Wellington Park, while still being only minutes to elite schools as well as New Town’s shops, Augusta Rd village, parks and cafes.
No.460 Lenah Valley Rd, Lenah Valley is listed at “Offers over $425,000”.
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- Source: https://www.realestate.com.au/news/renovators-delight-a-hit-with-house-seekers/
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