OFF MARKET

3 Nevin Street
South Hobart TAS 7004

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 146m2
Land area: 822m2
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Last updated 11 Nov 2024
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Property Details for 3 Nevin St, South Hobart

3 Nevin St, South Hobart is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1955. The property has a land size of 822m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1955
Floor Size
146m2
Land Size
822m2
Local Government
Hobart
Lot/Plan
2/57811

Last Listing description (June 2016)

Situated in sought after South Hobart, this long term investment property presents a great opportunity to home owners or investors.
Whether you are looking for a property with established income streams, or a property to upgrade and make your own (with the bonus of supplementary income), there is a lot to consider here.

Within easy walking distance to South Hobart strip and Hobart CBD, the property is in very good condition and would shine with some cosmetic changes to enhance the existing dwelling.
Currently configured as 2 separate flats, the top floor accommodation has a long term tenant in place, ending in July 2016 but with a keen tenant happy to stay on and renew.
Upstairs is currently rented for $275 per week and downstairs has been recently rented for $175 per week but is currently vacant but ready to go.
The floor plan is quite spacious with a large living room and adjacent study or separate dining, kitchen and separate bathroom and laundry rooms and two bedrooms each with built in robes. This level is heated by a built in oil heater and enjoys a pleasant suburban outlook.
The ground floor is a roomy studio/flatette with modern kitchenette and a combined laundry and bathroom and has electric heating.
A separate single garage plus off street parking for 2 vehicles completes the package.
Convenience is the order of the day here, within close proximity to South Hobart strip and its eclectic mix of eateries, shops and retail stores and of course regular bus transport and Hobart CBD are nearby.
This great property will suit many purchasers, so whether you are looking for a great addition to your investment portfolio, your first property or one with independent living or supplementary income that you can add your personal touches to, this is well worth your consideration.
Contact Penny today to arrange your private inspection.
''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 3 Nevin St, South Hobart, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$595,000
02 Nov 2020
Listed for Rent
$470/w
23 Nov 2022
  • 02 Nov 2020
    Sold for $595,000
  • 02 Feb 2016
    Sold for $371,000
  • 28 Jan 2016
    Listed for Sale OFFERS IN THE MID TO HIGH $300,000S
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About South Hobart 7004

The size of South Hobart is approximately 9.2 square kilometres. It has 7 parks covering nearly 9% of total area. The population of South Hobart in 2011 was 5,077 people. By 2016 the population was 5,316 showing a population growth of 4.7% in the area during that time. The predominant age group in South Hobart is 20-29 years. Households in South Hobart are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Hobart work in a professional occupation. In 2011, 62.4% of the homes in South Hobart were owner-occupied compared with 63.4% in 2016.

South Hobart has 2,660 properties. Over the last 5 years, Houses in South Hobart have seen a 30.64% increase in median value, while Units have seen a 19.83% increase. As at 31 October 2024:

  • The median value for Houses in South Hobart is $861,087 while the median value for Units is $529,207.
  • Houses have a median rent of $550 while Units have a median rent of $493.
There are currently 10 properties listed for sale, and 1 property listed for rent in South hobart on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in South hobart.

Suburb Insights for South Hobart 7004

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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.