SOLD
Sold on 26 Feb 2024 for $560,000

2/474B Nelson Road
Mount Nelson TAS 7007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 355m2
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Property Details for 2/474b Nelson Rd, Mount Nelson

2/474b Nelson Rd, Mount Nelson is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 355m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Mount Nelson in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
84m2
Land Size
355m2
Local Government
Hobart
Lot/Plan
2/58181

Last Listing description (April 2024)

Located in the convenient suburb of Mount Nelson, this tidy two-bedroom unit is one of three on the allotment and offers a light-filled and comfortable lifestyle whilst only minutes' drive from Sandy Bay and Hobart's CBD.

As you enter the property you are greeted by a warm and inviting living area that is both spacious and cozy. The living room is perfect for relaxation and entertainment, with large windows allowing natural light and sun to flood the space. The living room extends to the dining and kitchen space with plenty of storage.

The two bedrooms are well-sized, with plenty of natural light and built-in wardrobes. The master bedroom features access to the spacious bathroom with a shower, bath, toilet and vanity. The property also offers a large laundry, garden shed and a single carport.

The property has a level backyard with established gardens whilst beaming with sunshine. The yard is private and perfect to enjoy a morning cup of coffee or to entertain friends and family.

Located within an easy reach of local shops, restaurants, parks, and public transport, this unit offers the perfect blend of convenience and comfort.

Council rates: $1,580 pa approx
Water rates: $1,040 pa approx
Rental estimate: $460 - $480 pw approx
Construction: Brick
Year built: 1985

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Property History for 2/474b Nelson Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$560,000
26 Feb 2024
Listed for Rent
$470/w
16 Jan 2023
  • 26 Feb 2024
    Sold for $560,000
  • 20 Feb 2024
    Listed for Sale $515,000+ price range
  • 10 Jan 2023
    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 1,293 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.

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