OFF MARKET

111 Montrivale Rise
Dynnyrne TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2079m2
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Property Details for Lot 1/111 Montrivale Rise, Dynnyrne

Building Type
Land
Land Size
2079m2
Local Government
Hobart

Last Listing description (June 2015)

This amazing block is so close to the city and Sandy Bay that you will love the convenience.
Only a few minutes down Romilly Street to the city, or Waterworks Road to Sandy Bay, Princes St school, the grocery store and butcher shop. In addition, the University is only minutes away. South Hobart Primary School has a good reputation and the Salad Bowl is a great deli, both only minutes away.
This larger than normal block offers you a great lifestyle for a family, plus it is envisaged that you would be able to build two dwellings on this site if you wish. There are lovely views of the mountain as well as the river, and also across to Stoney Steps, which is the original convict built road up Mt Wellington. Ideal for walks and recreation, this area including the historic waterworks is located in an enviable position approximately 3.5km from the city.

The Sandy Bay shopping precinct is only 2.5km, and is within easy cycling distance. This is the largest residential block in the subdivision and offers great value for money this close to the city.

Property History for Lot 1/111 Montrivale Rise, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
  • 04 Jun 2015
    Listed for Sale $240,000-$290,000

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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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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.