Over the last year, property investments in Mount Nelson, 7007 have given investors a capital gain of 14.57%. This compares very favourably with the 4.21% for TAS as a whole.
Mount Nelson,7007 has offered an average of 14.57% return per annum in house price rises to property investors over the last three years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.06% offered to property buyers. Sellers in Mount Nelson itself are offering an average vendor discount of -5.79% to real estate investors.
Advertised rents are around the $422.5 mark per week – giving a return of 4.08% based on the median price in Suburb
Giving property investors a an unimpressive capital gain of -1.51% for the last year, Mount Nelson, 7007 is the 1222th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Nelson has increased when compared to the 5 year average annual rate.
Advertised rents are around the $270 mark per week – giving a return of 5.38% based on the median price in Suburb