OFF MARKET

119/571 Nelson Road
Mount Nelson TAS 7007

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 70m2
Land area: 132m2
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Property Details for 119/571 Nelson Rd, Mount Nelson

119/571 Nelson Rd, Mount Nelson is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 132m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2014
Floor Size
70m2
Land Size
132m2
Local Government
Hobart
Lot/Plan
119/54590

Last Listing description (July 2022)

Situated in the popular Mount Nelson Tavern redevelopment, you will find this gorgeous unit.

This contemporary two-bedroom apartment features an open plan layout that opens onto the large sundeck through double stacker doors. Highlights include a well-appointed kitchen with quality appliances, built-ins in both bedrooms with a walk-in wardrobe off the main, a sparkling modern bathroom and separate laundry. The property also has two car spaces only metres from your front door. It will be very easy to unwind after a busy day at work.

With a new tenant in place for the next 12 months, at $475.00 per week, this property is perfect for the savvy investor.

All of this just minutes' drive to the city, Sandy Bay and Kingston, but tucked away in the peace and quiet surrounded by gumtrees.

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We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 119/571 Nelson Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$504,000
20 Jun 2022
Listed for Rent
$475/w
26 May 2022
  • 20 Jun 2022
    Sold for $504,000
  • 10 Jun 2022
    Listed for Sale $475,000+
  • 10 May 2022
    Listed for Rent $475 / 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 1,288 properties. Over the last 5 years, Houses in Mount Nelson have seen a 39.84% increase in median value, while Units have seen a 43.09% increase. As at 30 September 2024:

  • The median value for Houses in Mount Nelson is $923,996 while the median value for Units is $523,927.
  • Houses have a median rent of $555 while Units have a median rent of $410.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Mount nelson on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Mount nelson.

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