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Investment Property Mount Nelson, TAS, 7007

Suburb Snapshot

Mount Nelson is a suburb in the Hobart Region of Tasmania. Mount Nelson has a population of 2,495 people and 23.56% of its occupants live in rental accommodation. The median listing price for houses is $895,000 and this has changed -4.28% over the past year and changed -13.11% over 2 years.

The median rent in Mount Nelson for houses is $600 per week and the median rental yield is 3.48%. Stock on the market for houses/townhouses has changed -26.32% compared to last year and the average time to sell a house/townhouse is 62 days.The median listing price for units is $485,000 and this has changed NA over the past year. The average unit takes 42 days to sell and the median rent for a unit in Mount Nelson is $405 per week, producing a rental yield of 4.34%.

Supply & Demand in Mount Nelson, Hobart

0.84%

Current vacancy rate


10

Rental stock available


2,495

Population


23.56%

Rental population


0.80%

Current vacancy rate


213

Rental stock available


50,445

Population


30.68%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for Mount Nelson, Hobart

  House Townhouses Units
Median listing price $895,000 NA $485,000
Median price change - last quarter 0.84% NA -4.05%
Median price change - 1 year -4.28% NA NA
Median price change - 2 years -13.11% NA NA
  House Townhouses Units
Median weekly rent $600 NA $405
Median yield % 3.48% NA 4.34%
Median rent change - 1 year 9.09% NA 6.57%
  House Units
Previous month sales 2 1
Stock on market previous month 14 7
Stock variance vs. last year -26.32% 133.33%
Average days on market 62 42

Mount Nelson investment property listings

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