VelocityUP Logo
VelocityUP

Data-backed property wealth, simplified. We help you move from unsupported assumptions to professional certainty.

Platform

  • Retirement Planner
  • Market Analyzer
  • Portfolio Tracker
  • Purchase Workflows

Market Analysis

  • New South Wales
  • Victoria
  • Queensland
  • Western Australia
  • South Australia
  • Tasmania
  • Northern Territory
  • Australian Capital Territory

© 2026 Virtuous Labs Pty Ltd. All rights reserved.

Privacy PolicyTerms of ServiceFinancial Disclaimer
  1. Home
  2. TAS
  3. Hobart
  4. Mount Nelson

Mount Nelson 7007

Market analysis for investment properties in Mount Nelson

Median Price

$945,000

Trend:Accelerating
+5.6%
Median Rent

$650/pw

Trend:Accelerating
+8.3%
Rental Yield

3.58%

Trend:Steady
+2.6%
Median DoM

28 Days

Trend:Accelerating
+19.1%
Market Analysis

Why investors are watching Mount Nelson right now.

In Mount Nelson, residents have access to the nearby Sandy Bay area, which offers a variety of shopping options including boutiques, supermarkets, and specialty stores. Additionally, the iconic Salamanca Market in Hobart, located a short drive away, provides a diverse range of goods from local vendors.

Families in Mount Nelson can choose from well-regarded primary and secondary schools in the Hobart area, such as The Hutchins School and Mount Nelson Primary School. These schools offer quality education and a range of extracurricular activities for students.

Transport options from Mount Nelson to Hobart's CBD include bus services that run along Sandy Bay Road, providing a direct route to the city center. Additionally, residents can utilize their vehicles for a convenient commute to the CBD within approximately 15 minutes.

Surrounded by lush greenery, Mount Nelson offers peaceful residential streets with stunning views of the city and the Derwent River. The Mount Nelson Signal Station provides access to walking tracks and recreational areas, allowing residents to enjoy nature and outdoor activities without straying too far from urban conveniences.

Loading Map...
Capital Growth

Historical Performance

Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.

Market Vitals

Market Dynamics

Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.

Unlock Market Vitals

See live suburb and LGA market signals.

The Ripple Effect

Explore Nearby Opportunities

Investors analyzing Mount Nelson often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Battery Point

9548km from center

Median Price

$1.95m

+39.3%

Rental Yield

2.2%

Gross annual

Bonnet Hill

9557km from center

Median Price

$1.70m

+22.3%

Rental Yield

N/A

Gross annual

Sandy Bay

9551km from center

Median Price

$1.35m

+6.9%

Rental Yield

3.0%

Gross annual

Strategy by LighthousePA

Where will Mount Nelson be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Mount Nelson, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
  • Ownership Structuring
  • Buyers Advocacy
  • Property Negotiation
Consult LighthousePA
LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Mount Nelson
LighthousePA Support

Expert Advice

LighthousePA

Investment Insights & FAQ

Frequently asked questions about the Mount Nelson property market in 2026.

As of March 2026, the Mount Nelson property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 5.59% and units have grown by 6.49%. These figures reflect the evolving demand within Hobart, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Mount Nelson range from $945,000 for houses to $553,750 for units. These values are calculated based on recent transaction data and current buyer activity across the Hobart region.

For investors targeting cash flow, houses rent for $650 /pw with a 3.58% yield, while units rent for $445 /pw with a 4.18% yield. This rental performance is a key indicator of strong tenant demand within the Mount Nelson area.

Market Insights Last Updated: March 2026