5/538-540 Nelson RoadMount Nelson TAS 7007
Property Details for 5/538-540 Nelson Rd, Mount Nelson
5/538-540 Nelson Rd, Mount Nelson is a 1 bedroom, 1 bathroom Unit and was built in 1974. The property has a land size of 146m2 and floor size of 55m2.
Last Listing description (November 2024)
Conveniently positioned and stylishly renovated throughout, this light-filled apartment with a secure and fully-fenced yard would make a wonderful home or investment. With a refurbished kitchen and bathroom, new 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, an opportunity to acquire a wonderful lifestyle awaits.
Heating: 1 x electric panel heater
Annual council rates: $1,600 p.a. approx.
Annual water rates: $1,000 p.a. approx.
Annual strata fees: $650 p.a. approx. (no active Body Corporate)
Property History for 5/538-540 Nelson Rd, Mount Nelson, TAS 7007
- 14 Sep 2024Listed for Sale Offers over $395,000
- 19 Oct 2016Listed for Rent $190 / week
- 28 Aug 2013Listed for Rent $190 / 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 1,290 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.
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