OFF MARKET

7 Rialannah Road
Mount Nelson TAS 7007

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 70m2
Land area: 850m2
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Property Details for 7 Rialannah Rd, Mount Nelson

7 Rialannah Rd, Mount Nelson is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1957. The property has a land size of 850m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1957
Floor Size
70m2
Land Size
850m2
Local Government
Hobart
Lot/Plan
8/62238

Last Listing description (June 2020)

In the family friendly high demand suburb of Mount Nelson, 7 Rialannah Road has plenty of opportunity to make your mark or add to your investment portfolio. Built in 1957 the original weatherboard home set on over 800 square metres of land could be considered a diamond in the rough.The suburb of Mount Nelson has so much to offer with tree lined streets and surrounded by natural bush land. With access to great walking tracks and schools with the added bonus of being just 10 minutes to the CBD.The property itself is ripe for renovation and extension, with almost 850 square metres of near level land. The house features three good sized bedrooms, one bathroom, a large eat in kitchen and separate living room. The back yard is fully fenced and ideal for kids and pets plus a large lockable garage with ample of storage.The property is currently tenanted til 21/7/2020 for $435 per week.If you would like to find out more about this property call Warwick today or attend one of the open homes."We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations".

Property History for 7 Rialannah Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$488,000
15 May 2020
  • 15 May 2020
    Sold for $488,000
  • 10 Mar 2020
    Listed for Sale EARLY TO MID $500,000's
  • 30 Jun 2016
    Sold for $320,000
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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.

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