OFF MARKET

3B Invercargill Road
Mount Nelson TAS 7007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 320m2
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Property Details for 3b Invercargill Rd, Mount Nelson

3b Invercargill Rd, Mount Nelson is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 320m2 and floor size of 78m2.

Building Type
Unit
Year Built
1984
Floor Size
78m2
Land Size
320m2
Local Government
Hobart

Last Listing description (November 2015)

Position, privacy and potential combine to make this unit, one of two, an exceptional purchase. The potential is the opportunity to refurbish at relatively low cost to increase its value and the opportunity to acquire the adjoining unit, also for sale, to create a brilliant investment package or to live in one and rent out the other for a supplementary source of income.
Its position, on the sunny side of Mount Nelson and in a quiet cul de sac in one of the suburb s best streets, affords privacy and the chance to relax in natural surroundings only a short drive to Hobart s central business district and within close proximity of private and state schools, public transport and the University of Tasmania. Hobart College, the Mt Nelson Store, Medical Centre and easily accessed walking tracks for nature lovers are nearby and you can even see the river. There s also easy access to the Southern Outlet, the gateway to both the Kingborough and Huon Valley municipalities.
Accommodation consists of a generous sitting room, two bedrooms, both with built-in robes, a kitchen, bathroom and separate laundry. A single carport and extra off street parking plus a small back yard further enhance this appealing property.

Active retirees would find this unit ideal with its level living and level access. For a first home buyer here s a chance to acquire a foothold in a most desirable area and for the astute investor, an excellent addition to a property portfolio.

Property History for 3b Invercargill Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
  • 13 Jul 2015
    Listed for Sale Not Disclosed

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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 1,289 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:

  • The median value for Houses in Mount Nelson is $900,527 while the median value for Units is $540,057.
  • Houses have a median rent of $550 while Units have a median rent of $415.
There are currently 4 properties listed for sale, and no properties listed for rent in Mount nelson on OnTheHouse. According to CoreLogic's data, 46 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.