Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $420,000 | 0.0% | $180,000 | $655,000 | 26 |
| 2010 | $455,000 | +7.7% | $200,000 | $1,100,000 | 21 |
| 2011 | $470,000 | +3.2% | $290,000 | $720,000 | 19 |
| 2012 | $473,000 | +0.6% | $270,000 | $1,050,000 | 25 |
| 2013 | $525,000 | +9.9% | $140,000 | $1,280,000 | 36 |
| 2014 | $500,000 | -5.0% | $195,000 | $1,250,000 | 37 |
| 2015 | $498,000 | -0.4% | $249,000 | $850,000 | 31 |
| 2016 | $515,000 | +3.3% | $310,000 | $1,300,000 | 47 |
| 2017 | $680,000 | +24.3% | $286,000 | $1,000,000 | 33 |
| 2018 | $655,000 | -3.8% | $340,000 | $1,000,000 | 24 |
| 2019 | $631,500 | -3.7% | $305,000 | $1,206,000 | 32 |
| 2020 | $790,000 | +20.1% | $390,000 | $965,000 | 22 |
| 2021 | $905,000 | +12.7% | $570,000 | $1,300,000 | 26 |
| 2022 | $1,050,000 | +13.8% | $592,000 | $1,555,000 | 28 |
| 2023 | $925,000 | -13.5% | $460,000 | $1,935,000 | 26 |
| 2024 | $950,000 | +2.6% | $750,000 | $1,250,000 | 12 |
Median Sale Price
$935K
Based on 29 recorded sales within the last 12 months
Updated on 18 Apr 2024
Suburb Growth
-12.3%
Current Median Price: $935,000
Previous Median Price: $1,050,000
Based on 60 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | - | - | - | - | - |
| 2014 | $380 | 0.0% | $215 | $690 | 28 |
| 2015 | $400 | +5.0% | $220 | $680 | 19 |
| 2016 | $430 | +7.0% | $220 | $640 | 22 |
| 2017 | $450 | +4.4% | $195 | $650 | 23 |
| 2018 | $520 | +13.5% | $330 | $750 | 14 |
| 2019 | $565 | +8.0% | $350 | $1,700 | 27 |
| 2020 | $540 | -4.6% | $350 | $850 | 23 |
| 2021 | $580 | +6.9% | $360 | $800 | 23 |
| 2022 | $560 | -3.6% | $350 | $995 | 31 |
| 2023 | $580 | +3.4% | $350 | $1,100 | 31 |
| 2024 | $560 | -3.6% | $480 | $695 | 6 |
Median Rent Price
$560
per week
Based on 27 recorded rent within the last 12 months
Updated on 18 Apr 2024
Rent Price Growth
-1.8%
Current Median Rent: $560
Previous Median Rent: $570
Based on 56 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $935,000
Current Median rent: $560
Based on 56 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Schools closest to Mount Nelson, TAS 7007
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Mount Nelson Primary SchoolTop 5 | 388 NELSON ROADMount Nelson 7007 | Primary | Government | 0.88 km |
| The Hutchins SchoolTop 5 | 71 NELSON RDSandy Bay 7005 | Combined | Independent | 1.77 km |
| Waimea Heights Primary School | 12 BALFOUR COURTSandy Bay 7005 | Primary | Government | 1.64 km |
| Mount Carmel CollegeTop 20 | 361 SANDY BAY RDSandy Bay 7005 | Combined | Catholic | 2.24 km |