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Mount Nelson
TAS, 7007 - Hobart

Thinking about buying in Mount Nelson? Now could not be a better time, with 1476 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $512,000 with prices in this suburb ranging from $16,000 to $2,053,000. Mount Nelson is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $286.00
Median Monthly Mortgage $1361.00
Median Persons Per Bedroom 0.80
Average Household Size 2.00
Average Age 38.00
Average Income $773.00
Average Cars Per Dwelling 1.68
Average Properties Within 50M 9

Housing Stock

Average Property Prices

1 Bed  $232,000
2 Bed  $389,000
3 Bed  $639,000
4 Bed  $612,000
5 Bed  $758,000
6 Bed+$456,000

Mount Nelson Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Mount Nelson driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mount Nelson ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Mount Nelson provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Mount Nelson requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Mount Nelson

Elders UNIT 2, 16 WEEMALA CT, MOUNT NELSON, TAS, 7007 Beds1 Bathrooms1 Parking 1 Offers over $425,000
Harcourts 10 LACHLAN DR, MOUNT NELSON, TAS, 7007 Beds6 Bathrooms2 Parking 2 Offers Over $895,000
Ray White 2 LENTARA AV, MOUNT NELSON, TAS, 7007 Beds3 Bathrooms1 Parking 3 750000
Ray White UNIT 4, 471 NELSON RD, MOUNT NELSON, TAS, 7007 Beds2 Bathrooms1 Parking 1 550000

Local Schools

Mount Nelson Primary School

Hobart College

The Hutchins School

Waimea Heights Primary School

Mount Carmel College

Taroona Primary School

Princes Street Primary School

Taroona High School

Fahan School

Sandy Bay Infant School

(While the above schools are located with the suburb of Mount Nelson there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Mount Nelson weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.013.623.938.080.45.023.1
Feb1.012.922.442.383.14.518.0
Mar1.212.021.443.584.04.312.8
Apr1.110.018.843.882.94.59.3
May2.07.715.449.884.94.55.9
Jun1.75.813.157.088.14.45.0
Jul1.45.31352.885.24.76.0
Aug2.05.313.749.084.94.88.3
Sept1.67.416.342.484.24.812.5
Oct1.88.518.041.083.44.817.7
Nov1.710.419.840.883.15.020
Dec1.712.021.541.481.44.923.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Sandy BayTolmans HillDynnyrneTaroonaRidgewayBattery PointSouth HobartHobartWest HobartBonnet Hill

Public Transport


General Points of Interest

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