OFF MARKET

3/16 Weemala Court
Mount Nelson TAS 7007

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 134m2
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Last updated 16 Dec 2024
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Property Details for 3/16 Weemala Ct, Mount Nelson

3/16 Weemala Ct, Mount Nelson is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 134m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
1978
Floor Size
63m2
Land Size
134m2
Local Government
Hobart
Lot/Plan
3/54615

Last Listing description (January 2017)

Positioned in a quiet cul-de-sac is a charming, neat 1 bedroom villa unit that is 1 of 4.
Features include high ceilings, mezzanine bedroom, parking and a good sized open plan living and kitchen area. Outside is where you can enjoy the summer weather on the deck and walk to the Mount Nelson store.
This will be ideal for retirees, first home buyers or investors and is currently being rented at $210 per week.

Make sure you see this property on the weekend as it will not last at this price.
OUT GOINGS:
Tas Water $202.59 per quarter
City of Hobart Rates $1,068.13 pa currently paid to 30 June 2017
Strata Insurance 1/4 share $281.90 pa currently paid to 14 March 2017
If purchaser leases out property they will have to pay land tax to State Revenue Office.

Property History for 3/16 Weemala Ct, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$192,250
13 Jan 2017
Listed for Rent
$200/w
27 Apr 2015
  • 13 Jan 2017
    Sold for $192,250
  • 23 Nov 2016
    Listed for Sale High $100,000's
  • 07 Apr 2015
    Listed for Rent $200 / 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 1,293 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.