OFF MARKET

1/327 Nelson Road
Mount Nelson TAS 7007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 114m2
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Property Details for 1/327 Nelson Rd, Mount Nelson

1/327 Nelson Rd, Mount Nelson is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 114m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
1973
Floor Size
84m2
Land Size
114m2
Local Government
Hobart
Lot/Plan
1/59879

Last Listing description (April 2016)

Whether you are buying a property for yourself or an investment, the way it 'feels' is crucial...and this one has a special 'something' that will certainly appeal to you if you love loads of natural lighting, ample privacy from the street, your own yard, a generous, open plan living area and two good sized bedrooms. Located an easy and convenient walk, bus ride, cycle or drive to Tas Uni and the City, the tranquil treed setting opposite a Reserve is the idyllic place to feel like you are away from the hustle and bustle of city living while maintaining conveniences close by.
There is a choice of two entrances into the unit, making it suitable for all ages and needs - one staired, the other with one step which could easily be modified with the addition of a ramp if required. There are also water glimpses across to Bellerive Beach which can be viewed if you are tall or stand on tippy toe from the kitchen, dining and main bedroom!
Options to further improve this fabulous unit as your own home or leave as it is and rent it out make it appealing on both levels. One of four units in the group with reasonable Body Corporate fees, this is the perfect 'town base' if you want to reduce your commuting to the city during the week, home unit and an investment for the future.

Property History for 1/327 Nelson Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$235,000
09 Feb 2016
Listed for Rent
$265/w
21 Apr 2011
  • 09 Feb 2016
    Sold for $235,000
  • 04 Feb 2016
    Listed for Sale Offers over $230,000
  • 24 Mar 2011
    Listed for Rent - Price not available
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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 1,289 properties. Over the last 5 years, Houses in Mount Nelson have seen a 34.03% increase in median value, while Units have seen a 50.30% increase. As at 31 October 2024:

  • The median value for Houses in Mount Nelson is $900,527 while the median value for Units is $540,057.
  • Houses have a median rent of $550 while Units have a median rent of $415.
There are currently 4 properties listed for sale, and no properties listed for rent in Mount nelson on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Mount nelson.

Suburb Insights for Mount Nelson 7007

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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.