Mount Nelson TAS Property Investment

Kingborough · 7007 · Score: 72/100 · Buy

Median House Price
$1000K
Rental Yield
3.4%
Vacancy Rate
1.8%
Median Weekly Rent
$650/wk
Median Unit Price
$558K
Population
2,749
Days on Market
35 days
Annual Growth
9.0%

Mount Nelson Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$252.63/night
Occupancy Rate
%
Est. Annual Revenue
$60K
AI Investment Analysis

Mount Nelson TAS Investment Brief

BUY3.4% gross yield on a $999,745 (pending peer validation) median.

THE MARKET

Mount Nelson has compounded at 3.5%/yr over 5 years. Median sits in the $999,745 (pending peer validation) band today. Properties are sitting on market for 35 days (roughly balanced conditions).

  • Median house: $999,745 (pending peer validation) | Units: $557,703
  • Gross yield: 3.4% | Net yield: 1.9%
  • 5yr price CAGR: 3.5%/yr | 3yr forecast: 13.5%/yr
  • Population: 2,749 | Owner-occupier rate: 74% | Affluence: Very High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 1.8% (improving) | Rental demand: High
  • Median weekly rent: $650/wk | Days on market: 35 (stable)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • No major confirmed infrastructure projects on record.
  • Transport: Glenorchy station 11.0km away

BULL CASE

If Mount Nelson maintains 3%+ annual growth and vacancy stays below 1.3%, median prices could reach $1,149,707 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Mount Nelson pull back 10-15% from $999,745, with vacancy rising to 3.2% and rental yields softening as tenants gain leverage.

KEY RISKS

  • No significant risk factors identified for this suburb

COMPARABLE MARKETS

  • Riverside (TAS): $784,144 median, 4.0% yield, 10.6% 1yr growth
  • Prospect Vale (TAS): $771,443 median, 4.0% yield, 7.9% 1yr growth
  • Mount Stuart (TAS): $908,113 median, 3.9% yield, 0.6% 1yr growth

THE PLAY

Mount Nelson presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 3.4% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.

  • Entry range: $899,770$1,099,720
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification3.0/10
High SEIFA decile — already upgraded or established affluent area
Inner/middle ring location (4.7km to CBD) — high gentrification corridor
Active development pipeline (1121 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
3.7%
p.a.
2yr Forecast
3.4%
p.a.
5yr Forecast
2.9%
p.a.

Basis: 5yr CAGR 3.5% + 10yr CAGR 4.5%

Growth drivers
  • +Above-average population growth (2.0%/yr)
  • +Low rental vacancy (1.8%) — constrained supply
Headwinds
  • High supply pipeline (1121 new approvals) — may cap price growth

Suburb Metric Thresholds

8 green4 yellow4 red
Rental Vacancy Rate
1.8 high impact
Days on Market
35 high impact
Weekly Rent (house)
650 medium impact
5yr Price CAGR
3.54 high impact
10yr Price CAGR
4.46 high impact
1yr Price Growth
9 medium impact
Population Growth
2.01 high impact
Median Household Income
1892 medium impact
Unemployment Rate
6.5 medium impact
Public Transport Score
5.2 medium impact
School Zone Quality
7.9 medium impact
Distance to CBD
4.7 medium impact
SEIFA Advantage/Disadvantage
8 medium impact
Owner Occupier Rate
74.4 medium impact
Gross Rental Yield (%)
3.38 high impact
Net Rental Yield (%)
1.88 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

278

2020

329

2021

182

2022

223

2023

109

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 7007

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population

3,387

Education (IEO)

10/10

Econ. Resources (IER)

6/10

10-Year Investment Projection

Modelled on Mount Nelson TAS data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $650/wk median rent for Mount Nelson. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Mount Nelson Primary School
PrimaryGovernment
8.3/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.

Mount Nelson TAS Property Market — Median, Growth, Yield | Estait