283 Nelson Road, Mount Nelson TAS 7007
283 Nelson Road, Mount Nelson TAS 7007
283 Nelson Road is a single-level 1970s house with three bedrooms, two bathrooms, a timber kitchen with gas cooking, a lounge with heat pump and log fire, a large dining area, front verandah with water and city views, rear garden with pergola and pond, double garage plus three off-street spaces, on 865 square metres.
This property is competitively strong because it combines a generous land holding with a rare dual-aspect outlook over water and city, a feature that is not common in this part of Mount Nelson. The single-level layout, five-car parking, and established rear garden with pergola and pond give it a settled, family-oriented character that appeals to buyers seeking space without the maintenance of a larger home. The location on a bus route and within reach of several respected schools reinforces its suitability for growing families. It sits comfortably above typical stock on the street in terms of land size and parking capacity, and the configuration suggests it was designed with everyday family living in mind rather than as a compact or transient property.
Several factors may influence how value is assessed here. The 1973 build means the heating, plumbing, and roof structure might require attention in the medium term, and the log fire with cook top, while charming, is dated and may not meet modern expectations for efficiency or convenience. The front verandah and northern aspect are genuine strengths, but the property’s position on a bend in the road could introduce traffic noise that is not immediately obvious from the listing description. The land size and views are the primary value drivers, and a buyer should weigh the cost of any updates against the rarity of that combination in this price band.
Detailed Independent Property Report prepared by PropCred Analyst team for 283 Nelson Road, Mount Nelson TAS 7007
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Mount Nelson presents a premium residential enclave with a stable, low-turnover housing market. Demand is anchored by established households, drawn to its mature setting, with units offering notably higher rental yields than houses. Recent price trends show modest movement, with a clear divergence between steady unit performance and a more subdued house segment. Future growth is underpinned by persistently low vacancy rates, though the market’s established nature and limited sales volume suggest a measured pace of capital appreciation.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
5
Land
865m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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