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 › Olinda Grove
$615,600
Last sold
13 Apr 2021
4
Bedrooms
1
Bathrooms
3
Car spaces
1,454 m²
Land
144 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
$615,600
13 Apr 2021 · 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
-37.8%
Median sale
Suburb $990,000
+1.66 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
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?
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.
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 Petrusma Property Sandy BaySet in the beautifully bushy land of Mount Nelson, this cleverly designed family home provides plenty of room for everyone to relax and enjoy. With over 230m2 of total useable space and the bonus of a purpose built production studio with triple glazing, the property comprises of four spacious bedrooms, neat and tidy kitchen and dining areas and a cosy living space featuring an open fire place.
The large yard will provide endless hours of joy for children and pets, and nature lovers will rejoice amidst the natural beauty of the surrounding bush landscape. Featuring a watering system with a catchment tank for ease of watering. Mount Nelson is a highly desirable suburb being a 10 minute drive to the Hobart CBD but in a bush setting that feels like another world away.
The production studio it fit with a control room and 4 individual recording rooms (specification available on request). The unique set up is split over two levels and is complete with triple glazed windows and an adjoining deck with beautiful views.
• Large flat block with beautiful bushy setting
• Lovely views from the studio over the city, water & mountain
• Fantastic private location, close to the city
• Light filled interiors via large glass windows
• Open plan living and dining with open fireplace
• Dining room adjoining to a concrete balcony
• Neat and tidy kitchen with ample bench space
• Four generous bedrooms, master with built in
• Large entertaining deck with pleasant outlook
• Plenty of scope to upgrade and add value
• Production studio with triple glazed windows
• Close to schools, shops and transport
• Short 10 minute drive to the Hobart CBD
Year Built: 1965
Construction: Brick Veneer
Heating: Gas & Open Fire
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 is a solid city to be investing in.
Listing description written by Tony Dion, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.