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 › Nelson Rd
$850,000
Last sold
9 Sept 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
756 m²
Land
221 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$850,000
9 Sept 2020 · derived via latest_sale
Local land rate: recorded House sales in Mount Nelson (last 5 years) with land size have a median of $1,072/m² of land (n=54). 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
-14.1%
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 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 Petrusma Property Sandy BayWe are excited to present to the market this immaculate family home in the beautiful tranquil suburb of Mount Nelson, within 5km to the Hobart CBD and next door to Sandy Bay. Privately positioned set back off the road, the home basks in some of the most spectacular views of the River Derwent, City, Tasman Bridge and Wrest Point Casino that must be seen to be appreciated.
Constructed in the 60's to an extremely high standard this brick and tile roof property has been cleverly updated including two new bathrooms, plush carpets throughout, Luxaflex blinds and quality kitchen appliances including a double oven.
The accommodation is split over three levels with a beautiful view from every window with light filled living spaces. You are welcomed to the property with a gorgeous stained-glass window which leads to the entry foyer. Off the entry is the open plan living and dining room, which is complemented by an open fireplace, the perfect place to get cosy on those cold Tassie nights.
Next to the main living space is the kitchen which is fit out with Tas Oak cabinetry and a generous pantry. The kitchen leads to the expansive balcony boasting significant views via a glass sliding door which is the perfect place to entertain family and friends.
There are two bedrooms that both have built in wardrobes, one is currently used as a study space the other is very generous in size and has a built in study desk. The main bathroom has undergone a contemporary renovation with gorgeous floor to ceiling tiles, a heater towel rail and a large stand-alone bath with a beautiful outlook.
Upstairs is the luxurious master retreat featuring a generous bedroom, a renovated spacious bathroom with dual basins, an exceptionally large walk in robe, private balcony, and study nook. Downstairs provides a fourth bedroom or second living space with a glass sliding door adjoining to the paved outdoor area. There is a spacious laundry with external access. Additional bonuses include a workshops space along with under floor storage fit as a cellar.
There is a remote single car garage providing secure parking along with an additional off-street parking space. Set on a large block the gardens are spectacular with a lot of effort going into the landscaping.
The location does not get any better than this with everything you need just a stone's throw away including quality schools, walking tracks and mountain bike tracks, the Sandy Bay shopping precinct, University of Tasmania and the Hobart CBD.
• Flawlessly presented family home
• Workshop under
• Cellar
• Tranquil setting close to the city
• Kitchen with quality appliances including double oven
• Spacious lounge room with open fireplace
• Roof and under floor insulation
• New Luxaflex honeycomb blinds
• New plush carpets throughout
• Full security system
• Luxurious main bedroom with ensuite & WIR
• Two stunning updates bathrooms
• Irrigation system throughout
• Stunning landscaped gardens
• Single car garage and additional OSP
• Just 10 minutes to Hobart CBD
• Short drive to Sandy Bay shops & the University of Tasmania
Year Built: 1961
Construction: Brick Veneer
Heating: Electric + Open Fireplace
Approx. Council Rates: $2,500 per annum
Other: NBN Connected
Rental approx: $645 per week
About Mount Nelson
Mount Nelson is a Hobart suburb and the location of a conservation area and lookout, just a 10-min drive (5 km) south of Hobart. It's also the location of a colonial-built signal station. Mount Nelson is close to the new Hill Street Gourmet Grocer and cafe, University of Tasmania, Hutchins School, public transport and the Sandy Bay foreshore.
With interest rates at an all-time low and over $15 billion worth of infrastructure projects in the pipeline over the next decade in Tasmania, Hobart remains a solid city to be investing in and the place to be. Demand is currently high with stock levels extremely low and we encourage you get in quick on this opportunity.
* The vendor reserves the right to accept offers prior to the advertised open home times.
Listing description written by Tony Dion, Petrusma Property Sandy Bay — 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.