OFF MARKET

8 Montrivale Rise
Dynnyrne TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1054m2
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Property Details for 8 Montrivale Rise, Dynnyrne

Building Type
Land
Land Size
1054m2
Local Government
Hobart
Lot/Plan
2/167721

Last Listing description (February 2022)

Within minutes walk of the nearby popular Waterworks Reserve is the 'Montrivale Rise' subdivision at 111 Waterworks Road offering some of the best views to be had in Hobart. With all lots sold anything coming back to market won't last long.

Fast forward your building plans with 8 Montrivale Rise which comprises an area of 1054sqm and presents a great opportunity for a home with terraced gardens enjoying elevated 180 degree views of both Mount Wellington and Hobart port area.

The vendors are also offering their 3 bed 2 bathroom house plans for this site. The split level plan allows the bedroom/bathrooms to be private from main living spaces. Decks and courtyards perfect for indoor/outdoor entertaining are oriented to capture sun throughout the day.

The sleek, sophisticated home is simple in form and plays with volume (raked ceilings and skylights) and placement of windows provides a light and bright home with generous sense of space. A double carport, undercroft space and subfloor storage area provide ample storage for bikes, kayaks etc. Architectural and Engineering drawings have been completed and are ready for local council approvals.

Now one of Hobart's most prominent suburbs, Dynnyrne provides the convenience of an inner city lifestyle yet still enjoying a semi rural setting. The sunny north easterly aspect makes these elevated lots a natural for the construction of passive solar energy efficient homes, 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.

We invite buyers looking for inner city land to visit the 'Montrivale Rise' site to inspect number 8, then call Jim Playsted for further details about what is truly a special, inner city residential land offering.

Property History for 8 Montrivale Rise, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$450,000
20 Jan 2022
  • 20 Jan 2022
    Sold for $450,000
  • 09 Dec 2021
    Listed for Sale Offers around $450,000
  • 19 Jun 2017
    Sold for $275,000
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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.

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.