OFF MARKET

1/498 Nelson Road
Mount Nelson TAS 7007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 247m2
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Property Details for 1/498 Nelson Rd, Mount Nelson

1/498 Nelson Rd, Mount Nelson is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 247m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1989
Floor Size
88m2
Land Size
247m2
Local Government
Hobart
Lot/Plan
1/56791

Last Listing description (November 2020)

Light-filled, spacious and with contemporary touches throughout, this immaculately presented two bedroom home in popular Mount Nelson is the perfect proposition for purchasers seeking relaxed low maintenance living or investors looking to add to their portfolio.

Conveniently set across one floor with level access, warm and inviting open plan living forms the heart of the home. Comprising spacious lounge area with dining adjacent, the kitchen has been stylishly refurbished with new joinery and stainless steel appliances.


Two bedrooms, both with built-in robes, are serviced by the renovated central bathroom. With upgraded fixtures and fittings throughout and the convenience of a heatpump and designated parking space, this is a home that offers modern comfort in spades.

Desirably located amongst picturesque surrounds in a quiet complex of only three units, this property is close to public transport, shops and excellent schools, and is just a short drive from both the CBD and Sandy Bay Village. Offering a relaxed lifestyle close to all amenities, it is an unmissable opportunity for first home buyers, downsizers or those seeking a quality home in a sought-after locale.

Property History for 1/498 Nelson Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$462,500
20 Oct 2020
Listed for Rent
$425/w
06 Jan 2020
  • 20 Oct 2020
    Sold for $462,500
  • 02 Sep 2020
    Listed for Sale Offers over $465,000
  • 02 Jan 2020
    Listed for Rent $425 / 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.

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.