MOUNT NELSON 7007
State: TASPosiProp AI Investment Summary
MOUNT NELSON (TAS 7007) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 16.9%, with a median house buy price of $1,052,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$790,000
$892,000
$1,150,000
$1,052,000
Suburb Market Profile
Last month Mount Nelson had 4 properties available for rent and 10 properties for sale. Median property prices over the last year range from $1,052,000 for houses to $602,500 for units. If you are looking for an investment property, consider houses in Mount Nelson rent out for $670 PW with an annual rental yield of 3.9% and units rent for $460 PW with a rental yield of 4.6%. Mount Nelson has seen an annual compound growth rate of 16.9% for houses and 21.7% for units.
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