Property value increases in Mount Nelson have tracked higher than the TAS average of 4.95% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Nelson comes in at number 108th in TAS.
Property buyers and investors in Mount Nelson 7007 should be seeing an average reduction in asking price of around -5.90% . This means that Mount Nelson is holding prices well when compared to other suburbs in TAS.
In the last year 44 properties changed hands in Mount Nelson, which puts it as the 64th most active market in TAS when comparing the number of sales per suburb.
Mount Nelson is an average performer in TAS when comparing median price capital growth over the last year. Mount Nelson gave property investors a average capital gain figure when compared to the rest of the state, with 2.75%.
Across a shorter period, Mount Nelson, 7007 has seen a median price increase of 1.75% over the last quarter.
Advertised rents are around the $275 mark per week – giving a return of 5.46% based on the median price in Suburb