Real estate agent · Lenah Valley
Lenah Valley
Considered selling, leasing, and property management across Lenah Valley's streets and cul-de-sacs.
Lenah Valley sits on the northern side of Hobart, close enough to the city for a short run in and far enough up the hill that the bush is at the back of it. Streets climb away from the main road, and the higher ones look out over the valley to the hills.
It suits families who want space and a garden without moving far from town, people who want a walk into bushland from their own street, and buyers looking at units where a house in a closer suburb has moved out of reach.
Homes here run from mid-century family houses to smaller brick unit blocks, many of them on sloping blocks with a view. Position on the hill and what a property looks out at do real work in the price, so pricing on comparable local evidence matters more here than a suburb median does.
Lenah Valley at a glance
The market spans mid-century family houses through to smaller brick unit blocks, on streets running up from Lenah Valley Road.
Outlook and aspect vary street by street, so two properties of the same size can sit well apart on price.
The Lenah Valley market, in numbers
- Median house price
- $860,000
- 12-month change
- +10.3%
- Median weekly rent
- $600
- Gross rental yield
- 3.6%
These figures are indicative only and do not constitute a valuation or appraisal of any individual property. They are drawn from recent sales and rental data compiled from third-party market sources and reflect general conditions in the area as at October 2026. Market conditions change and individual properties vary. For a figure specific to your property, get in touch.
Across greater Hobart, rental vacancy has held near 0.6 per cent (SQM Research, May 2026), one of the tightest rental markets of any Australian capital.
Selling in Lenah Valley
A campaign built like a film, positioned and priced on comparable evidence, and shown to buyers who want the bush at the back and the city close.
Leasing in Lenah Valley
The right tenant on terms that hold up, with steady demand from families and professionals who want a short run into town.
Managing in Lenah Valley
Careful tenant selection, proactive care, and honest reporting, with key dates diarised from day one. No rent collected, no management fee.
Thinking about your Lenah Valley property?
Start with a free appraisal. We come to you, and you keep the written result whether or not you go to market.
Prefer to talk? 1300 755 244 · info@parklaneproperty.co