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 › Rialannah Rd
$1,250,000
Last sold
4 Apr 2024
3
Bedrooms
2
Bathrooms
3
Car spaces
1,004 m²
Land
241 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
$1,250,000
4 Apr 2024 · 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
+26.3%
Median sale
Suburb $990,000
-0.57 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 1,005 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 1,005 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 1,005 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 Elders Real Estate HobartLocated in popular Mount Nelson close to all conveniences, this brand-new home has been thoughtfully designed to provide the very best of low-maintenance contemporary living. Light-filled and spacious on a generous allotment of 1004sqm, this property is impressive in every way.
Conveniently set across one level, spacious open plan living forms the heart of the home. The well-equipped kitchen has a Billie filtered cool and boiling water system, a panty and all new Westinghouse appliances including an induction cooktop and an oven with air fryer.
Glass sliders open completely from the living and dining onto the courtyard leading to the sunny rear terraced gardens with established olive tree, creating seamless indoor/outdoor access and further extending the space available for entertaining family and friends.
The master suite has a large walk-in wardrobe and built in wardrobes adjacent to the ensuite bathroom. Two further bedrooms each have built in wardrobes and the lounge room could alternatively be used as a fourth bedroom, if required. The central bathroom has a luxuriously deep free-standing tub and separate powder room, and a generous laundry completes the floorplan.
Finished to a high standard throughout with quality fixtures and fittings and tasteful décor and design, double glazing and a combination of floor heating in the bathrooms and ducted heating and cooling system ensures year-round comfort.
The double garage with internal access is large enough to accommodate a workshop or gym area and additional off-street parking is available in the driveway. Outside the home is surrounded by easy care grounds with a fully fenced backyard safe for children and pets to play.
Mount Nelson is sought out by purchasers seeking tranquil, leafy surrounds close to local nature trails for mountain bike riding and bush walking, all within easy reach of excellent schools, Sandy Bay Village and the CBD. Quality new builds in city fringe suburbs rarely come to market, making this an outstanding opportunity to acquire an enviable lifestyle in a coveted locale.
Listing description written by Abi Freeman, Elders Real Estate Hobart — reproduced as published, not verified by Districts.