Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
TAS › Montrose › Nielson Dr
$980,000
Last sold
15 Mar 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
16,100 m²
Land
200 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
$980,000
15 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $928/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Montrose
+40.0%
Median sale
Suburb $700,000
-1.23 pp
Gross yield
Suburb 4.29%
Suburb median $700,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Glenorchy Local Provisions Schedule
Zone
Landscape Conservation
113.22
Jurisdiction
Glenorchy
Glenorchy, 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 Landscape Conservation · 113.22 (Glenorchy Local Provisions Schedule). Official parcel area about 16,419 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 $577/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 Landscape Conservation · 113.22 (Glenorchy Local Provisions Schedule). Official parcel area about 16,419 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 16,419 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
Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by For Sale By OwnerThe Phone Code for this property is: 57650. Please quote this number when phoning or texting.
15 Nielson Drive is one of its kind. Tucked away in the North-facing foothills of Hobart's Kunanyi-Mount Wellington, this home offers the perfect balance of tranquility and urban connection.
And the views are spectacular!
Beautifully designed (2014), the house is built with quality modern fittings, seamlessly matched with European-style traditional solid-timber joinery. With no visible neighbours or nearby buildings, it is hard to believe you're only 15 minutes' drive from Hobart's city centre and 5 minutes from the nearest Coles and Woolworths.
The house is oriented North and has been carefully designed and built with passive solar principles and technology, ensuring that it stays warm all winter and cool in the summer. Virtually no extra heating is required to maintain lovely ambient temperatures inside. Acoustic insulation and double glazing throughout also ensure that it remains quiet, even during the fiercest of Tasmanian weather! You will also be wonderfully surprised by the internal air quality. The house is built as close to zero VOC (volatile organic compounds) standards as possible. It contains no melamine, MDF, Polyurethane, synthetic textiles, or off-gassing compounds that are recognised as modern health hazards.
A 4.5KW solar system keeps your power bills low and the 80,000 litre rainwater system means you don't have to worry about water bills either. It also means you are showering in 100% pure Tasmanian sky water. There is NBN optic fibre to the premise making it a perfect oasis for home working and any other digital needs.
There is also a 32 square metre studio, complete with full acoustic insulation, double glazing, and raked ceiling/exposed trusses - perfect for a creative space, teenager's pad, rental, or a granny flat project.
The land package is very generous at 1.6 hectares or approximately 4 acres. It has been carefully curated to nurture the native trees and plants (predominantly acacia-sheoak) and provides an important corridor for native fauna. There have been sightings of spotted quolls, echidna, bandicoots and even Tasmanian devils on the property.
If you are looking for a place where you can truly unwind and stoke your creative energy, this is it.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (TAS), For Sale By Owner — reproduced as published, not verified by Districts.