Mount Nelson, 7007 ranked 7th in TAS when comparing growth in median property values or capital gain over the last 12 months. Mount Nelson is one of 606 in our list for TAS
Mount Nelson,7007 was ranked 755 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Mount Nelson are currently offering property investors an average price cut of -6.55% below the asking price at the moment.
Often selling an investment property can take time, and in Mount Nelson the average time real estate has been on the market is 37.07 days.
Mount Nelson is 124th on a list of best yielding suburbs for rents in TAS with a 3.97% return
At number 178th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Nelson, 7007 is in the top 20% with a property value increase of 18.81% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Mount Nelson,7007 has racked up an average of 18.81% over the period. This ranks it number 383th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Mount Nelson should be aiming for at least -8.60% off the asking price, which is the average vendor discount being achieved at the moment.
Mount Nelson is 49th on a list of best yielding suburbs for rents in TAS with a 4.85% return