OFF MARKET

5 Montrivale Rise
Dynnyrne TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1258m2
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Property Details for 5 Montrivale Rise, Dynnyrne

Building Type
Land
Land Size
1258m2
Local Government
Hobart
Lot/Plan
8/171608

Last Listing description (August 2021)

Drenched in sunlight with sweeping water views and a mountain backdrop, this parcel of land enjoys an elevated position at the lower part of Montrivale Rise and presents an appealing opportunity for those looking to settle or invest in a prestigious suburb. Ideal for growing families to build their dream home, Dynnyrne is a fantastic family suburb and conveniently located only 1 kilometre from South Hobart, 3 kilometres from the city and 5 minutes' drive from UTAS and the Sandy Bay shopping precinct.

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
Very short walk to the popular Waterworks Reserve
Short drive to the University of Tasmania
1km to South Hobart shopping precinct
5 minutes drive to the Hobart CBD

Land Size: Approx. 1258sqm
Council Rates: Approx. $1200 pa
Fixed Water Rates: Approx. $1,000 pa

Property History for 5 Montrivale Rise, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$545,000
10 Aug 2021
  • 10 Aug 2021
    Sold for $545,000
  • 05 Aug 2021
    Listed for Sale Offers Over $495,000
  • 13 Apr 2017
    Sold for $295,000
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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.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Dynnyrne on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Dynnyrne.

Suburb Insights for Dynnyrne 7005

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.