SOLD
Sold on 26 Sep 2023 for $296,000

120/571 Nelson Road
Mount Nelson TAS 7007

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 70m2
Land area: 127m2
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Property Details for 120/571 Nelson Rd, Mount Nelson

120/571 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 127m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Mount Nelson in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
70m2
Land Size
127m2
Local Government
Hobart
Lot/Plan
120/54590

Last Listing description (August 2019)

Just minutes to the Hobart CBD, contemporary in design, easy to maintain, relax and enjoy the feel of corporate living. 120/571 Nelson Road is located on the upper level of the complex and as you enter the highly secure foyer, you will get a sense of hotel living within your own residence.
The open plan design is spacious, light and inviting and the tiled kitchen is complete with stainless steel appliances, including hotplates, wall oven, range hood, dishwasher all surrounded by a breakfast bar and pantry.
Again, the floor plan has been cleverly designed, featuring two spacious bedrooms, both with built in robes, as well as a modern tiled bathroom with a walk in shower, vanity, toilet, and compact laundry. Enjoy a BBQ on the sundrenched deck leading from the large living areas or simply relax with a book. The outlook is that of residential and distant mountains, and the complex is a relatively new area in Mount Nelson, a suburb of Hobart which is always highly sought after when properties frequent the market in this locality. The property is currently leased until December and the wonderful, long term tenants would prefer to stay on so we are looking for investors to purchase this stunning property. Inspection is strictly by appointment only, so please email or call me direct to arrange a personal viewing.

Property History for 120/571 Nelson Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$296,000
26 Sep 2023
Listed for Rent
$350/w
16 Dec 2015
  • 26 Sep 2023
    Sold for $296,000
  • 22 Jun 2019
    Sold for $400,000
  • 16 May 2019
    Listed for Sale o/o $410,000
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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 29.68% increase in median value, while Units have seen a 39.02% increase. As at 31 August 2024:

  • The median value for Houses in Mount Nelson is $888,541 while the median value for Units is $509,274.
  • Houses have a median rent of $560 while Units have a median rent of $410.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Mount nelson on OnTheHouse. According to CoreLogic's data, 42 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.