120/571 Nelson Road, Mount Nelson, TAS 7007 | Property Value & History | OnTheHouse
OFF MARKET

120/571 Nelson Road
Mount Nelson TAS 7007

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 70m2
Land area: 127m2
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Property Details for 120/571 Nelson Rd, Mount Nelson

120/571 Nelson Rd, Mount Nelson is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 127m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2014
Floor Size
70m2
Land Size
127m2
Local Government
Hobart
Lot/Plan
120/54590

Last Listing description (August 2019)

Just minutes to the Hobart CBD, contemporary in design, easy to maintain, relax and enjoy the feel of corporate living. 120/571 Nelson Road is located on the upper level of the complex and as you enter the highly secure foyer, you will get a sense of hotel living within your own residence.
The open plan design is spacious, light and inviting and the tiled kitchen is complete with stainless steel appliances, including hotplates, wall oven, range hood, dishwasher all surrounded by a breakfast bar and pantry.
Again, the floor plan has been cleverly designed, featuring two spacious bedrooms, both with built in robes, as well as a modern tiled bathroom with a walk in shower, vanity, toilet, and compact laundry. Enjoy a BBQ on the sundrenched deck leading from the large living areas or simply relax with a book. The outlook is that of residential and distant mountains, and the complex is a relatively new area in Mount Nelson, a suburb of Hobart which is always highly sought after when properties frequent the market in this locality. The property is currently leased until December and the wonderful, long term tenants would prefer to stay on so we are looking for investors to purchase this stunning property. Inspection is strictly by appointment only, so please email or call me direct to arrange a personal viewing.

Property History for 120/571 Nelson Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$296,000
26 Sep 2023
Listed for Rent
$350/w
16 Dec 2015
  • 26 Sep 2023
    Sold for $296,000
  • 22 Jun 2019
    Sold for $400,000
  • 16 May 2019
    Listed for Sale o/o $410,000
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About Mount Nelson 7007

The size of Mount Nelson is approximately 5.9 square kilometres. It has 9 parks covering nearly 18.0% of total area. The population of Mount Nelson in 2016 was 2495 people. By 2021 the population was 2749 showing a population growth of 10.2% in the area during that time. The predominant age group in Mount Nelson is 30-39 years. Households in Mount Nelson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Nelson work in a professional occupation.In 2021, 70.50% of the homes in Mount Nelson were owner-occupied compared with 71.00% in 2016.

Mount Nelson has 1,277 properties. Over the last 5 years, Houses in Mount Nelson have seen a 24.55% increase in median value, while Units have seen a 38.07% increase. As at 30 November 2025:

  • The median value for Houses in Mount Nelson is $926,250 while the median value for Units is $556,718.
  • Houses have a median rent of $600 while Units have a median rent of $430.
There are currently no properties listed for sale, and no properties listed for rent in Mount nelson on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Mount nelson.

Suburb Insights for Mount Nelson 7007

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.