2/538-540 Nelson Rd, Mount Nelson is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 71m2 and floor size of 51m2.
Conveniently positioned and stylishly renovated throughout, this light-filled apartment with secure and private backyard would make a wonderful home and investment. With new kitchen and bathroom, floor coverings and window furnishings as well as being freshly painted throughout, this property offers an easy and comfortable lifestyle and will greatly appeal to first home buyers, down-sizers and investors alike.
Situated across the road from the Mount Nelson Oval and Playground, within a 10 minute drive to the CBD, Kingston and the University, and with plenty of bush-walks and recreational facilities nearby, a wonderful lifestyle awaits.
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 1,289 properties. Over the last 5 years, Houses in Mount Nelson have seen a 34.03% increase in median value, while Units have seen a 50.30% increase. As at 31 October 2024:
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