OFF MARKET

7 Montrivale Rise
Dynnyrne TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1605m2
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Property Details for 7 Montrivale Rise, Dynnyrne

Building Type
Land
Land Size
1605m2
Local Government
Hobart
Lot/Plan
9/167721

Last Listing description (December 2018)

Presenting a fantastic opportunity to secure a superb block of land in the prestigious suburb of Dynnyrne, being just moments to the Hobart city yet still enjoying a semi-rural setting. This sloping parcel of land is a huge 1,605 sqm approx and basks in some of the most spectacular views which need to be seen to be appreciated!
Located off Waterworks Road is the new subdivision of Montrivale Rise. Set in an elevated positioned on the top side of the street, the block enjoys a breathtaking and expansive outlook of the Derwent River and Mount Wellington. For the astute purchaser looking to make a profit, there is potential for this block to be subdivided into two (STCA).
Alternatively, this land offers a fantastic opportunity to build your dream home on a generous allotment with plenty of room for pets and children to play. First home builders can take advantage of the First Home Builders Boost of $20,000 (subject to eligibility).

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.
- Large sloping block of land
- Build your dream home
- Take advantage of $20,000 FHBG
- Spectacular outlook
- Unrivaled location, close to the city

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Property History for 7 Montrivale Rise, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$408,000
12 Oct 2018
  • 12 Oct 2018
    Sold for $408,000
  • 27 Jun 2018
    Listed for Sale Offers Over $430,000
  • 10 Dec 2015
    Sold for $330,000

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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 4 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.

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