OFF MARKET

10 Montrivale Rise
Dynnyrne TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2079m2
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Property Details for 10 Montrivale Rise, Dynnyrne

Building Type
Land
Land Size
2079m2
Local Government
Hobart
Lot/Plan
1/167721

Last Listing description (October 2019)

Drenched in sunlight and enjoying an elevated position at the end of Montrivale Rise this huge parcel of land presents an appealing opportunity for those looking to settle or invest in the prestigious suburb of Dynnyrne. Suiting multiple buyers this block is the perfect opportunity for the growing family to build their dream home with sweeping views over the water or for the investor looking for development potential with options to subdivide or build up to 4 townhouses (STCA). Dynnyrne is a fantastic family suburb and conveniently located only 1 kilometre from South Hobart and King Street shopping, just 3 kilometres to the Hobart CBD and University of Tasmania in Sandy Bay and within just a few minutes walk to the nearby magnificent Waterworks Reserve.

Rarely available large block of 2,079m

Quiet and private location at the end of a cul-de-sac
Panoramic views of the ever-changing River Derwent
Elevated block with sunny North Eastly aspect
Underground services connected including NBN
Build your dream home with room for the whole family
Potential for subdivision or up to 4 x townhouses (STCA)
Very short walk to the popular Waterworks Reserve
1km to South Hobart shopping precinct
Less than 10 minutes to the Hobart CBD

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Property History for 10 Montrivale Rise, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$500,000
18 Oct 2019
  • 18 Oct 2019
    Sold for $500,000
  • 28 Jun 2019
    Listed for Sale Offers Over $485,000
  • 01 Jul 2018
    Sold for $435,000
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About Dynnyrne 7005

The size of Dynnyrne is approximately 1.6 square kilometres. It has 5 parks covering nearly 6.8% of total area. The population of Dynnyrne in 2011 was 1,481 people. By 2016 the population was 1,591 showing a population growth of 7.4% in the area during that time. The predominant age group in Dynnyrne is 20-29 years. Households in Dynnyrne are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dynnyrne work in a professional occupation. In 2011, 58.7% of the homes in Dynnyrne were owner-occupied compared with 63.5% in 2016.

Dynnyrne has 726 properties. Over the last 5 years, Houses in Dynnyrne have seen a 41.23% increase in median value, while Units have seen a 15.47% increase. As at 31 October 2024:

  • The median value for Houses in Dynnyrne is $1,003,966 while the median value for Units is $550,353.
  • Houses have a median rent of $565 while Units have a median rent of $470.
There are currently 3 properties listed for sale, and 1 property listed for rent in Dynnyrne on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Dynnyrne.

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