SOLD
Sold on 09 May 2024 for $533,000

1/25 Rialannah Road
Mount Nelson TAS 7007

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 91m2
Land area: 311m2
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Property Details for 1/25 Rialannah Rd, Mount Nelson

1/25 Rialannah Rd, Mount Nelson is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1981. The property has a land size of 311m2 and floor size of 91m2. 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 Mount Nelson in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
91m2
Land Size
311m2
Local Government
Hobart
Lot/Plan
1/137583

Last Listing description (June 2024)

Nestled in the convenient suburb of Mount Nelson, this tidy two-bedroom unit is one of two on the block, offering a bright and comfortable lifestyle mere minute away from Sandy Bay shops and Hobart's CBD.

Upon stepping inside, you're welcomed by a cosy yet spacious living area, bathed in natural light. This inviting space is ideal for both relaxation and entertainment, seamlessly flowing into the dining and updated kitchen area, which boasts ample storage and modern appliances.

Both bedrooms are generously sized, enjoying plenty of sunlight and built-in wardrobes. The bathroom contains a bath, shower and vanity, whilst the toilet sits adjacent for convenience.

Additionally, the property includes a sizable laundry, sunny yard and a single lock up garage. Outside, the level backyard offers a private sanctuary for enjoying a morning coffee.

With local shops, schools, parks, and public transport within easy reach, this unit perfectly balances convenience with comfort, making it an ideal place to call home.

Council rates: $1,700 pa approx
Water rates: $1,000 pa approx
Rental estimate: $450 pw approx
Year built: 1981
Construction: Brick

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Property History for 1/25 Rialannah Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$533,000
09 May 2024
Listed for Rent
$419/w
06 Nov 2020
  • 09 May 2024
    Sold for $533,000
  • 23 Apr 2024
    Listed for Sale $530,000+ price range
  • 24 Sep 2020
    Listed for Rent $420 / week
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About Mount Nelson 7007

The size of Mount Nelson is approximately 5.9 square kilometres. It has 9 parks covering nearly 18% of total area. The population of Mount Nelson in 2011 was 2,432 people. By 2016 the population was 2,503 showing a population growth of 2.9% in the area during that time. The predominant age group in Mount Nelson is 60-69 years. Households in Mount Nelson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Nelson work in a professional occupation. In 2011, 71.5% of the homes in Mount Nelson were owner-occupied compared with 71% in 2016.

Mount Nelson has 1,293 properties. Over the last 5 years, Houses in Mount Nelson have seen a 28.98% increase in median value, while Units have seen a 28.75% increase. As at 30 November 2024:

  • The median value for Houses in Mount Nelson is $876,039 while the median value for Units is $497,783.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 5 properties listed for sale, and no properties listed for rent in Mount nelson on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Mount nelson.

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