SOLD
Sold on 15 Feb 2024 for $440,000

11 Ribbon Gum Court
Mount Nelson TAS 7007

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 336m2
Land area: 1124m2
Sold By
Andrea Cooper
Fall Real Estate Hobart
Justin Atkinson
Fall Real Estate Hobart
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Property Details for 11 Ribbon Gum Ct, Mount Nelson

Building Type
Land
Year Built
2021
Floor Size
336m2
Land Size
1124m2
Local Government
Hobart
Lot/Plan
7/169578

Last Listing description (March 2024)

This exclusive parcel of land at 11 Ribbon Gum Court Mount Nelson represents a rare opportunity to secure a superb parcel that is only minutes from the CBD. Positioned in highly sought after Mount Nelson, in one of the last premium subdivisions in a natural setting with superb views that will both inspire and excite your design ambitions. Extensive earthworks have been carried out to level the land in preparation for building with services to the block. All that is needed now is you!

Zoned as Low-density Residential the subdivision has been developed with great sensitivity, ensuring the perfect balance between home-builder needs and preserving the unique natural beauty of the setting.

Without comparison in the greater Hobart area, this is an incredible opportunity to acquire an exclusive and breathtaking parcel of land that has all sun all year round: not only for building your dream home but also for ensuring that you and your family can enjoy a rich and rewarding lifestyle from the beautiful heights of Mount Nelson.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 11 Ribbon Gum Ct, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$440,000
15 Feb 2024
  • 15 Feb 2024
    Sold for $440,000
  • 24 Oct 2023
    Listed for Sale Offers Invited
  • 15 Jul 2015
    Sold for $195,000

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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.