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Lenah Valley

POSTAL CODE: TAS, 7008
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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $782,000.

The downward trend in home prices in LENAH VALLEY, 7008 averaged -4.37% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 4.32% increase in returns based on the current median price in LENAH VALLEY.

An average of 5.58 real estate transactions take place per month in LENAH VALLEY which translates to 67 per annum.

67 properties were sold in LENAH VALLEY in 2016, making it the 27th most active market in TAS based on total real estate transactions.

LENAH VALLEY, 7008 places 119th in Australia based on median property value growth during the quarter.

Surburb overview

Lenah Valley, with the postcode 7008, is a picturesque suburb located approximately 5 kilometres northwest of Hobart’s central business district in Tasmania. The population of Lenah Valley is around 6,000 residents, comprising a diverse mix of families, professionals, and retirees who appreciate the suburb’s natural beauty and peaceful lifestyle.

Lenah Valley falls under the jurisdiction of the City of Hobart, which ensures well-maintained infrastructure and community services. Public transportation is well-served by Metro Tasmania buses, providing regular services to Hobart’s CBD and surrounding suburbs, and is also easily accessible by car via Augusta Road and the Brooker Highway.

Educational facilities in Lenah Valley include Lenah Valley Primary School, catering to the educational needs of young children in the community. For secondary education, students typically attend nearby schools such as Ogilvie High School and New Town High School. For higher education, residents have access to the University of Tasmania and various vocational training centres in Hobart.

Lenah Valley residents often visit the nearby New Town Plaza and North Hobart’s shopping precinct, which offer a variety of retail stores, supermarkets, cafes, and dining options. The local shops and eateries along Augusta Road provide additional convenience, ensuring residents have easy access to everyday needs.

The Lenah Valley Linear Park is a popular local spot featuring walking trails, playgrounds, and picnic areas, making it ideal for family outings and outdoor activities. The nearby Knocklofty Reserve offers further opportunities for hiking, birdwatching, and enjoying the natural beauty of the area.

The suburb’s location near the foothills of Mount Wellington provides residents with easy access to the mountain’s extensive network of walking and cycling trails. The Organ Pipes track and the Lenah Valley Track are popular routes that offer breathtaking views of Hobart and the Derwent River.

Residents of Lenah Valley benefit from its proximity to Hobart, allowing easy access to the city’s cultural and recreational attractions, including the Royal Tasmanian Botanical Gardens, the Tasmanian Museum and Art Gallery, and the bustling Salamanca Market. The suburb's strategic location also makes it a convenient base for exploring the natural beauty of the surrounding region, including Mount Wellington and the Wellington Park Reserve.

Healthcare services in Lenah Valley are well-developed, with the Lenah Valley Medical Centre and Calvary Lenah Valley Hospital providing comprehensive medical care. Several medical clinics and specialists are also available in nearby areas, ensuring residents have access to necessary health services.

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