OFF MARKET

6 Montrivale Rise
Dynnyrne TAS 7005

Bedrooms: -
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Land area: 1096m2
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Property Details for 6 Montrivale Rise, Dynnyrne

Building Type
Land
Land Size
1096m2
Local Government
Hobart
Lot/Plan
3/167721

Last Listing description (May 2024)

Within minutes walk of the nearby popular Waterworks Reserve is the 'Montrivale Rise' development at 111 Waterworks Road offering some of the best views to be had in Hobart. Residential land at 6 Montrivale Rise is now seeking offers.

Comprising an area of 1096 sqm and presenting a great opportunity for a home with terraced gardens enjoying elevated 180 degree views of both Mount Wellington and Hobart port area - there are now many examples of inspiring designs for homes on steep country at Montrivale Rise, either completed or under construction.

Designs include level access from roadside, cantilevered balconies, sophisticated yet simple features using volume (raked ceilings and skylights) and placement of windows providing light and bright homes with generous sense of space and those amazing views.

Now one of Hobart's most prominent suburbs, Dynnyrne provides the convenience of an inner city lifestyle yet still enjoying a semi rural setting yet scarcely 1 kilometer from South Hobart or King Street shopping and just 3 kilometers from the Hobart CBD or University of Tasmania in Sandy Bay. The sunny north easterly aspect at Montrivale makes these elevated lots a natural for the construction of passive solar energy efficient homes.

We invite buyers looking for inner city land to visit the 'Montrivale Rise' site to inspect number 6, then call Jim Playsted for further details about what is truly a special, inner city residential land offering.

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Property History for 6 Montrivale Rise, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$390,000
25 Jul 2023
  • 25 Jul 2023
    Sold for $390,000
  • 23 Nov 2022
    Listed for Sale Offers over $395,000
  • 08 May 2017
    Sold for $260,000
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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 38.92% increase in median value, while Units have seen a 23.69% increase. As at 31 August 2024:

  • The median value for Houses in Dynnyrne is $984,599 while the median value for Units is $544,027.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 2 properties listed for sale, and no properties listed for rent in Dynnyrne on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Dynnyrne.

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