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 3.8% and has experienced a 12-month capital growth of Up 8.0%, with a median house buy price of $980,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$968,500
$817,500
$1,070,000
$980,000
Suburb Market Profile
Last month Mount Nelson had 4 properties available for rent and 8 properties for sale. Median property prices over the last year range from $980,000 for houses to $557,750 for units. If you are looking for an investment property, consider houses in Mount Nelson rent out for $650 PW with an annual rental yield of 3.8% and units rent for $455 PW with a rental yield of 4.4%. Mount Nelson has seen an annual compound growth rate of 8.0% for houses and 9.4% for units.