Mount Nelson is a smaller suburb in Tasmania within the Hobart local government area (postcode 7007). With a population of 2,749, the suburb has an established demographic with a median age of 40. Households earn a median income of $88K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.

The median house price in Mount Nelson is $940,000, having dipped slightly 2.1% over the past year. Units have a median price of $539,000 (+0.7% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,586.

Mount Nelson is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1078, which is above the national average of 1,000. Public transport access includes 1 rail station, 35 bus stops.

From an investment perspective, Mount Nelson offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($940K/$750K). The price-to-income ratio of 10.7x is considered stretched. House prices have moved -2.1% year-on-year.