Mount Nelson at a glance
2,886
People
$990,000
Median sale
$520/wk
Median rent
2.73%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
TAS › Mount Nelson › Ribbon Gum Ct
$1,185,000
Last sold
11 Mar 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
1,030 m²
Land
210 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,185,000
11 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Mount Nelson (last 5 years) with land size have a median of $1,067/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Mount Nelson at a glance
2,886
People
$990,000
Median sale
$520/wk
Median rent
2.73%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Nelson
+19.7%
Median sale
Suburb $990,000
-0.45 pp
Gross yield
Suburb 2.73%
Suburb median $990,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Hobart Local Provisions Schedule
Zone
Low Density Residential
114.10
Jurisdiction
Hobart
Hobart, TAS
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASZoned Low Density Residential · 114.10 (Hobart Local Provisions Schedule). Official parcel area about 1,030 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $520/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · 114.10 (Hobart Local Provisions Schedule). Official parcel area about 1,030 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,030 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mount Nelson at a glance
2,886
People
$990,000
Median sale
$520/wk
Median rent
2.73%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by EIS PropertyNestled in a sought-after location, this stunning modern home offers a perfect blend of style, space, and everyday comfort. From the moment you step inside, polished floorboards guide you through the entry hallway and into the heart of the home. The expansive open-plan living, dining, and kitchen area is bathed in natural light, creating an inviting space for both relaxation and entertaining. Large windows and glass sliding doors capture natural light and seamlessly connect to the expansive entertaining deck, with a portion covered for year-round enjoyment.
Designed for ease and sophistication, the sleek kitchen boasts a walk-in pantry, an island bench, and quality finishes. A thoughtfully placed powder room adds to the home's practicality, while the well-appointed laundry, featuring a full-length bench, opens to a second utilities deck for added convenience.
Three spacious bedrooms in the front of the house provide comfortable accommodation, each fitted with built-in robes to maximise storage and comfort. The master suite is a true retreat, complete with built-in bookcases framing a charming bay window, a generous walk-in robe, and a stylish ensuite with a walk-in shower, vanity, and toilet. The main bathroom is equally impressive, offering a walk-in shower, a separate bath, vanity, and toilet, catering perfectly to family living.
Outside, the beautifully established gardens create a serene and private setting. Raised veggie patches and established fruit trees add a touch of self-sustainability, while the large 6x3m powered shed provides ample space for storage, hobbies, or a workshop.
Living in Mount Nelson offers a serene, family-friendly environment with the convenience of the Mount Nelson Store nearby for all your daily needs. The area is surrounded by lush bushland, offering easy access to nature and outdoor activities. Additionally, access to the highly regarded Mount Nelson Primary School, Taroona High School and Hobart College provides excellent education options for families.
Thoughtfully designed inside and out, this exceptional property offers contemporary living at its finest and presents an outstanding opportunity to embrace a sophisticated lifestyle in a prime location.
Listing description written by Penny Connor, EIS Property — reproduced as published, not verified by Districts.