SOLD
Sold on 29 May 2024 for $375,500

1/5 Nelis Court
Lutana TAS 7009

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 62m2
Land area: 186m2
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Sold By
David Gunning
EIS Property
Nathan Free
EIS Property
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Property Details for 1/5 Nelis Ct, Lutana

1/5 Nelis Ct, Lutana is a 2 bedroom, 1 bathroom Unit and was built in 1973. The property has a land size of 186m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Lutana in the last 12 months.

Building Type
Unit
Year Built
1973
Floor Size
62m2
Land Size
186m2
Local Government
Glenorchy
Lot/Plan
1/57923

Last Listing description (July 2024)

Tucked away in the quiet cul-de-sac of Nelis Court, Lutana, this two-bedroom unit is ideally situated just a short drive from the New Town and Moonah shopping precincts, close to public transport, and only 10 minutes from the heart of Hobart CBD. Both bedrooms are spacious and feature built-in wardrobes. The kitchen offers ample storage and leads into the open-plan living and dining area, which boasts water views and a heat pump for year-round comfort. The bathroom includes a shower, with the laundry area incorporated within, and seperate toilet. With a low maintenance yard and off-street parking, this property offers exceptional value and presents an excellent opportunity for both investors and first-time homebuyers looking to add significant value to their purchase. Contact David or Nathan today to arrange a viewing!

Property History for 1/5 Nelis Ct, Lutana, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$375,500
29 May 2024
  • 29 May 2024
    Sold for $375,500
  • 22 May 2024
    Listed for Sale Offers Over $350,000
  • 13 Jul 1985
    Sold for $39,000

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About Lutana 7009

The size of Lutana is approximately 2.1 square kilometres. It has 4 parks covering nearly 9.3% of total area. The population of Lutana in 2011 was 2,384 people. By 2016 the population was 2,365 showing a population decline of 0.8% in the area during that time. The predominant age group in Lutana is 30-39 years. Households in Lutana are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lutana work in a professional occupation. In 2011, 64.9% of the homes in Lutana were owner-occupied compared with 62.6% in 2016.

Lutana has 1,239 properties. Over the last 5 years, Houses in Lutana have seen a 35.71% increase in median value, while Units have seen a 35.84% increase. As at 30 November 2024:

  • The median value for Houses in Lutana is $562,379 while the median value for Units is $465,618.
  • Houses have a median rent of $528 while Units have a median rent of $428.
There are currently 7 properties listed for sale, and 1 property listed for rent in Lutana on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Lutana.

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