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
$1,000,000
For sale
Asking
5
Bedrooms
2
Bathrooms
4
Car spaces
1,416 m²
Land
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
Asking
$1,000,000
Asking · $706/m² of land
No recorded sale for this property.
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
+1.0%
Median sale
Suburb $990,000
-0.03 pp
Gross yield
Suburb 2.73%
Suburb median $990,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$44,142 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Mount Nelson's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 EIS PropertyYou could easily drive past this home and be completely deceived by its seemingly "ordinary" street appeal...but that's when you need to turn around, take a second look...and come inside to view this incredible property!
From the moment you walk inside, there's a sense of intrigue with each room showcasing the larger than usual sized rooms upstairs. The lounge really is the show-stopper which is spacious enough to accommodate larger furniture and frames the beautiful views out across to the Bridge, the River Derwent and the surrounding treetops. You could sit here for hours and watch the views and admire the array of birdlife that visit. A huge tiled deck naturally flows off this lounge with cable balastrade to make the most of the breath-taking outlook. This is also the perfect place to continue entertaining on those warmer evenings we all look forward to, when not relaxing in the lounge with stairs leading down to the enormous backyard. The separate dining and kitchen area is also spacious, and while original, is both quirky, functional and offers loads of cupboards and a layout that could be easily be updated in the future if you tire of the rather apt timber look.
An ideal floorplan for families, the three upstairs bedrooms all have built-in robes with a great sized main bedroom, enjoying the same views that the lounge and deck provide. The main bathroom on this level services all the needs of a family with a separate toilet for added convenience.
Internal stairs lead to another two bedrooms which again have built-in robes and a second living space downstairs! These are not as large as the upstairs bedrooms, but are great if you have children who want their own space, or could work beautifully as a "his and hers" home office with the benefit of a sliding door off the rumpus leading outside for level entry inside without needing to go upstairs.
The laundry and a second shower and toilet are adequate to accommodate the needs of those downstairs. Access to the backyard from both the laundry and the top deck suit if you have a dog and the enclosed backyard is huge, offering a multitude of exciting scope for future planning if you need extra space to accommodate family or want to explore options to strata title, pending Council Approval of course.
The separate garage would make a great studio or workshop...and even has water views! Ample parking on site for several vehicles in addition to the garage is always a bonus if you have a caravan or boat. While the home is not your traditional "modern style", it has big windows that were a 1970's architectural highlight, with some practical upgrades over the years such as reverse cycle heating in the lounge, updated flooring, white aluminium windows and tiling.
Don't just drive past this surprising home...it will be a home you can't help fall in love with once you walk through the front door!
Listing description written by Deb Stephens, EIS Property — reproduced as published, not verified by Districts.