508 Nelson RoadMount Nelson TAS 7007
Property Details for 508 Nelson Rd, Mount Nelson
508 Nelson Rd, Mount Nelson is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1951. The property has a land size of 987m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
Last Listing description (December 2016)
What an great opportunity for new owners to display their renovation talent with this one owner 1950s home located in one of Hobarts most sought after suburbs.
The present flexible floor plan lends itself to a rear extension overlooking the garden and bush beyond, or perhaps just an upgrade of the existing accommodation.
The near level rear yard with a heap of workshop and storage areas would be ideal for kids and pets, and the convenient location is just a short stroll to the local shop and Hobart College.
The larger than average block lends itself to redevelopment (Subject to the normal council approvals.) So, roll up your sleeves, bring your paintbrush, and convert this unique opportunity in to your own pride and joy.
Property History for 508 Nelson Rd, Mount Nelson, TAS 7007
- 06 Apr 2016Sold for $325,000
- 24 Mar 2016Listed for Sale Offers in the low to middle $300,000s
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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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