OFF MARKET

589 Nelson Road
Mount Nelson TAS 7007

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 93m2
Land area: 750m2
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Last updated 11 Nov 2024
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Property Details for 589 Nelson Rd, Mount Nelson

589 Nelson Rd, Mount Nelson is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1947. The property has a land size of 750m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
House
Year Built
1947
Floor Size
93m2
Land Size
750m2
Local Government
Hobart
Lot/Plan
13/110669

Last Listing description (June 2016)

Located on a level 750m2 allotment lies this 2 bedroom home with huge scope to add value.
The home boasts 2 generous size bedrooms with built in robes, spacious living room with heat-pump, kitchen with walk in pantry, shower over claw bath.
With gorgeous Mount Wellington views and water glimpses the property is just minutes to Mt. Nelson Primary School, local shops and public transport.

Currently let at $275pw til December 2017 makes this property ideal to step onto the property ladder at an affordable price, save some more dollars then make the improvements at the end of the lease and move in or increase the rent considerably.
Property Code: 1183

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Property History for 589 Nelson Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$310,000
23 Apr 2016
Listed for Rent
$275/w
24 Dec 2014
  • 23 Apr 2016
    Sold for $310,000
  • 19 Apr 2016
    Listed for Sale $320,000 - $350,000
  • 27 Oct 2014
    Listed for Rent - Price not available
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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.
There are currently 4 properties listed for sale, and 1 property listed for rent in Mount nelson on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Mount nelson.

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