11 Montrivale RiseDynnyrne TAS 7005
Property Details for 11 Montrivale Rise, Dynnyrne
Last Listing description (August 2020)
Located in the highly desirable, centrally located suburb of Dynnyrne with uninterrupted, breathtaking 180 degree views reaching the mountain, city and River Derwent, this unique and very private parcel of land is situated within close proximity to the Hobart CBD whilst maintaining a rural/natural bush setting and is the largest within the Montrivale Rise development spanning 1.64ha (4 acres approx.)
North facing, this piece of land has all services connected, a driveway already installed and captures all-day sun whilst within easy walking distance to the Hobart CBD and both Sandy Bay and South Hobart shopping precincts. Also closely located to this exclusive address are a selection of Hobart's most highly sought-after schools, UTAS and public transport.
The popular Waterworks Reserve is just moments away with iconic bike trails and walking tracks at your doorstep. The current zoning of 'Environmental Living' allows for you to build your dream family residence. Or, a number of eco-friendly short-stay cabins. There may also be potential for further subdivision (STCA).
Property History for 11 Montrivale Rise, Dynnyrne, TAS 7005
- 24 Aug 2020Sold for $545,000
- 24 Feb 2020Listed for Sale In the $595,000+ price range
- 13 Apr 2017Sold for $460,000
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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 725 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.
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