Mount Nelson, TAS 7007

Mount Nelson, TAS 7007

Compare Part of Hobart

4.33 km
Distance from CBD
3 k
Population
Median Sale Price
House
$719K
Updated on Aug 2020
2 BR
-
3 BR
$641K
4 BR
$880K
Unit
$355K
Updated on Aug 2020
1 BR
$332K
2 BR
$355K
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
$770,000
+18.0% $390,000 $940,000 21
Median Sale Price
$716K
Based on 30 recorded sales within the last 12 months
Updated on 30 Sep 2020
Suburb Growth
+11.8%
Current Median Price: $716,000
Previous Median Price: $631,500
Based on 57 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$505
Updated on Aug 2020
2 BR
$380
3 BR
$480
4 BR
$598
Unit
$360
Updated on Aug 2020
1 BR
$295
2 BR
$370
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
$395
+3.8% $220 $680 19
2016
$430
+8.1% $220 $640 22
2017
$450
+4.4% $195 $605 23
2018
$520
+13.5% $330 $750 14
2019
$550
+5.5% $350 $1,700 27
2020
$525
-4.8% $350 $750 17
Median Rent Price
$540
per week
Based on 20 recorded rent within the last 12 months
Updated on 30 Sep 2020
Rent Price Growth
+7.4%
Current Median Rent: $540
Previous Median Rent: $500
Based on 45 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $716,000
Current Median rent: $540
Based on 50 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Mount Nelson

Houses sold in Last 12 months ends 26 Sep 2020

$390K

Median Sale Price

100%

Clearance Rate

1/1

Sold/Reported

$390K

Highest Sale Price

Sold Price Range No. of Sold Properties
less than $400 K
(Median Price Range)
1

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