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 › Lentara Ave
$695,000
Last sold
3 Nov 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
756 m²
Land
115 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
$695,000
3 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Mount Nelson (last 5 years) with land size have a median of $1,077/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
-29.8%
Median sale
Suburb $990,000
+1.16 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 data is being calculated
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
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
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 Harcourts HobartEnjoying a superb leafy location, Lentara Avenue just off Nelson Road is on the cusp of Sandy Bay and equidistant from both the CBD of Hobart and Kingston in terms of sheer convenience.
The interiors require an update however there is tremendous potential to add value…an open plan sunken living dining area is really inviting, courtesy of great natural light and sunshine for most of the day. Exposed beams and raked ceilings provide character and interest. The retro style kitchen with red bench tops is ripe for renovation and overlooks the rear garden. A timber deck is a lovely spot to enjoy alfresco dining and a dramatic Mount Wellington view. This side of Nelson Road enjoys the most amount of sun and is really nice enclave of well presented residences and streetscapes.
There are 3 bedrooms, all with built in cupboards adjacent to a central hallway with a family bathroom and separate toilet…a very spacious laundry underneath adjacent to the kitchen with sliding glass doors services the accommodation.
Grasp this opportunity to purchase a really nice property blessed with great street appeal and scope to add further value, perhaps increasing the existing footprint to maximise capital gain.
Mount Nelson is well serviced with a fabulous food store, eateries, a primary school and for leisure activities…playing fields and nature walks through Truganini Conservation Area.
Listing description written by Lynne Page, Harcourts Hobart — reproduced as published, not verified by Districts.
Nearby 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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.