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 › Tangara Rd
$880,000
Last sold
24 Apr 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
1,917 m²
Land
260 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
$880,000
24 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Mount Nelson (last 5 years) with land size have a median of $1,077/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
-11.1%
Median sale
Suburb $990,000
+0.34 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 HobartThis fantastic family home of grand proportions proudly borders bush reserve land and is zoned for low-density residential use. It enjoys a private and tranquil position while remaining only moments from key amenities. Within walking distance to the popular Mount Nelson Primary School, Hobart College, and the University of Tasmania, it is also just a short drive to the services of Sandy Bay and the Hobart CBD.
Split over three levels, the home impresses with its versatility and well-considered floorplan. Upon entry, the large foyer immediately creates a sense of space. The light-filled living area features beautiful Tasmanian oak flooring and is kept cosy by a free standing wood heater, making it the perfect retreat on winter nights.
The main level of the home accommodates four bedrooms, three of which have built-in wardrobes. The fourth bedroom, the largest, offers flexibility and could serve as a rumpus room, games room, or guest suite. The centrally located bathroom has been tastefully updated, featuring a walk-in shower and a luxurious corner spa bath.
Stepping down a few stairs, you will find the expansive open-plan kitchen, dining, and additional living space, heated by floor heating for year-round comfort. The quality kitchen boasts ample storage and charming brick and timber features. This area flows seamlessly onto a large covered deck, which can be enclosed or opened as desired, creating the ideal indoor-outdoor space for entertaining. Also on this level is a combined laundry and bathroom, along with a separate powder room.
The top level of the property is the ultimate parents' retreat. A sitting room with its own private balcony leads to the enormous, light-drenched master bedroom, serviced by its own reverse-cycle heat pump. The master suite is completed by a spacious walk-in robe and a private ensuite.
Adding to the home's appeal is a newly renovated outbuilding with its own powder room-an ideal space for a studio, home office, or study. Beneath the house, a well-equipped workshop provides ample storage and workspace, complete with fitted shelving.
Set on stunning, established gardens, the property is adorned with fruit trees, a variety of beautiful shrubs and man ferns. Directly opposite Mount Nelson Primary School oval, there is plenty of space for children and pets to play.
The property also offers scope for further development with potential for a strata dwelling to be built (STCA), or further develop the studio in to a larger ancillary dwelling that could provide accommodation (STCA).
Mount Nelson remains a highly sought-after suburb, offering the serenity of a bush retreat alongside the convenience of city-fringe living. Its close proximity to UTAS and the city also presents an excellent opportunity for strong rental returns.
For further information or to arrange a private inspection please contact Ben Vance.
Approximate council rates per annum, $ 3400
Approximate water rates per annum, $ 1200
Approximate rental return, $ 750 - $ 800 per week
Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt it's accuracy, guarantee cannot be assured. The content is intended as advice, and such as cannot be taken as absolute fact. Any and all imagery displaying outlines, measurements or locations are approximate for marketing purposes only. Please refer to the title documents supplied. Accordingly, all interested parties should make their own enquiries to verify this information.
Listing description written by Ben Vance, 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.