Thinking of Selling in Lenah Valley? Here’s What You Need to Know in 2025

John Ferguson • May 16, 2025

Lenah Valley Market Report – 2025

The Charm of Lenah Valley



Lenah Valley is one of Hobart’s hidden gems—a family-oriented suburb nestled at the base of kunanyi/Mount Wellington. It strikes a rare balance: peaceful and green, yet minutes from the CBD. With its attractive streetscapes, a tight-knit community feel, and an ideal mix of modern homes and character properties, Lenah Valley has become a magnet for discerning buyers seeking lifestyle and convenience.


Why Buyers Love Lenah Valley:


- 10-minute drive to Hobart CBD
- Renowned for excellent schools, including Lenah Valley Primary
- Access to walking and biking tracks including New Town Rivulet Trail
- Family-friendly amenities: Hill Street Grocer, cafes, parks, and Calvary Hospital
- Strong sense of community and safety


What’s Happening in the Market?


Current Market Indicators (as of Q1 2025):
- Median House Price: $875,000
- 12-Month Growth: +4.7%
- Days on Market: 22 days (average)
- Auction Clearance Rates: 70–80%
- Buyer Types: Families, interstate professionals, executive couples, and downsizers

Properties with 3+ bedrooms and those in move-in-ready condition are receiving multiple offers within the first few weeks of the listing. Renovated homes and character-filled weatherboard properties continue to command top dollar.


Economic Outlook: Confidence Returns


After a period of interest rate hikes, the RBA has paused further increases and may cut rates later this year. This stabilisation is already influencing the local Hobart market, with a surge in buyer inquiries and open-home traffic.


Key Economic Drivers:


- Interest rate stability has renewed confidence in borrowing
- Interstate migration continues to support price growth across Greater Hobart
- Rental shortages are motivating more tenants to buy, particularly in accessible suburbs like Lenah Valley
- The local economy remains resilient, with employment steady and tourism rebounding


Should You Sell Now?


If you're a homeowner in Lenah Valley, you may be sitting on untapped equity. Whether you're upgrading, downsizing, or exploring lifestyle changes, selling in the current climate can help you make a strategic next move.


Why Selling Now Makes Sense:


- Low stock levels mean less competition from other sellers
- Buyer urgency is increasing, especially in sought-after school zones
- The suburb’s lifestyle appeal remains unmatched for families and professionals
- You can capitalise on recent capital growth while rates remain stable


Thinking About Selling?

Even if you're just curious about your home’s current value, getting professional guidance can help you plan with clarity.

Scan the QR code to book a Free Property Appraisal or to just talk strategy.


John Ferguson | Real Estate Sales | Ray White Hobart

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