Mount Nelson, 7007 ranked 17th 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
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Nelson comes in at number 67th in TAS.
Property investors who have had real estate in Mount Nelson, 7007 should be pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.05%
Taking the average capital gain, or increase in median house value, Mount Nelson,7007 has racked up an average of 19.05% over the period. This ranks it number 643th in the whole country for real estate investors looking at median house price increases.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 5.03%, without taking into account capital value appreciation, which has been averaging out at 6.70%.