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Sold on 25 Oct 2024 for $360,000

9/464A Nelson Road
Mount Nelson TAS 7007

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 48m2
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Petrusma Property - Sandy Bay
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Property Details for 9/464a Nelson Rd, Mount Nelson

9/464a Nelson Rd, Mount Nelson is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 48m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Mount Nelson in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
61m2
Land Size
48m2
Local Government
Hobart
Lot/Plan
9/59998

Last Listing description (November 2024)

Situated in a leafy, quiet location and only minutes from the city, this neatly presented unit offers light-filled living & endless possibilities, whether you're looking for a low-maintenance first home or solid investment.

- Low maintenance unit in prime location
- Well considered floorplan with good proportions

- Tidy & spacious kitchen with plenty of storage
- High ceilings and a private retreat upstairs
- Central bathroom with neutral tones
- Quiet, tranquil and convenient location
- In walking distance to nature trails
- Private outdoor area with washing line
- Ideal for first home owners, investors or downsizers
- Less than 15min commute to Hobart's CBD

Year Built: 1975
Construction: Weatherboard
Annual Council Rates: $1,162 p/an approx.
Annual TasWater Rates: $986 p/an approx.
Body Corporate Fees: $2,665 p/an approx.
Rental Rates: $350 - $400 p/w approx.

Property History for 9/464a Nelson Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$360,000
25 Oct 2024
Listed for Rent
$350/w
03 Jul 2023
  • 25 Oct 2024
    Sold for $360,000
  • 24 Sep 2024
    Listed for Sale $365,000 - $395,000
  • 09 Jun 2023
    Listed for Rent $350 / 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 1,289 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 1 property 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.