Investment property in Mount Nelson has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.05%
Across a shorter period, Mount Nelson, 7007 has seen a median price increase of 0.00% over the last quarter.
At number 148th of TAS’s most discounted properties, Mount Nelson is in the TOP 10% of the state/territory when listing in order of most discounted to least.
At number 587 in a list of fastest selling suburbs, Mount Nelson is in the TOP 20% of suburbs in Australia with an average of days on market 50.14 for properties listed there.
Mount Nelson is 101th on a list of best yielding suburbs for rents in TAS with a 4.81% return
If you compare the increase in value of investment property in Mount Nelson, 7007 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -6.67%.
Mount Nelson, 7007 is offering TAS ‘s 38th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this TAS.
In the last year 16 properties changed hands in Mount Nelson, which puts it as the 33th most active market in TAS when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3120 per annum or $260 every week.