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Suburb Insights ยท TAS 7008

Lenah Valley 7008, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Lenah Valley is an inner-city suburb of Hobart, Australia, with a population of approximately 6,522, making it a smaller community. Located 4 km from the Hobart CBD, Lenah Valley is a inner city area in Tasmania. The median household income is $100,412 AUD per year (ABS 2021 Census).

Investment Score

80 / 100 Good

Above-average earnings in Lenah Valley support sustained property values. The short commute to the city centre is a key demand driver.

Location

Map shows Lenah Valley, Tasmania, Australia.

Key Indicators

Postcode
7008

Official Australia Post postcode for Lenah Valley. A postcode may cover multiple suburbs.

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Population
6,522

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$380/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$100,412/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
4 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,625/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
84% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As an inner-city location, Lenah Valley benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $380/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,625/month. A median household income of $100,412/year supports premium property values and indicates a well-employed resident base. 84% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Solid fundamentals in Lenah Valley support capital growth over a medium to long hold period.

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Rental Yield

Lenah Valley can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Selective flip opportunities exist in Lenah Valley for investors with local market knowledge.

Risk Factors

Run the numbers on a Lenah Valley property

Full Property Analysis

30-year projections for Lenah Valley

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

The outlook for capital growth in Lenah Valley is encouraging heading into 2026, driven by constrained supply and buyer competition. The rental market in Lenah Valley should see steady occupancy, with moderate upward pressure on rents. Confidence in Lenah Valley's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Lenah Valley a good suburb for investment?

Lenah Valley is a inner city area in Tasmania with a population of 6,522. The median rent is $380/week and the median household income is $100,412/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Lenah Valley?

Key demand drivers in Lenah Valley include employment proximity and urban lifestyle. 84% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Lenah Valley?

According to the ABS 2021 Census, Lenah Valley has a population of approximately 6,522. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Lenah Valley from the Hobart CBD?

Lenah Valley is approximately 4 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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