Mount Nelson has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 33.19% to date .
The five-year average increase in median property values for Mount Nelson,7007 has given property investors a potential capital gain of 17.01% across each of those five years.
Mount Nelson, 7007 is offering TAS ‘s 98th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this TAS.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 6.62%, investors should hope to achieve an overall return of 3.74%
Mount Nelson has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 17.65% to date .
If we look at median property appreciation over just the last three months, Mount Nelson has given property investors a paper return of -0.33%. This puts Suburb as 40 on a list of fastest fasting appreciating suburbs in TAS
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Nelson, 7007. Typically our figures indicate that -7.46% is being offered, which puts this TAS suburb at 222th most discounted overall in Australia.
Often selling an investment property can take time, and in Mount Nelson the average time real estate has been on the market is 51.73 days.
A $285 per week rent on the median house gives suburb investors a gross yield of circa 4.94%, without taking into account capital value appreciation, which has been averaging out at 4.00%.