Mount Nelson is a prestigious southern Hobart suburb on the lower slopes of Mount Wellington, offering panoramic views over the Derwent River and D'Entrecasteaux Channel. The Signal Station lookout, heritage homes, and elevated lifestyle attract high-net-worth buyers and downsizers; supply remains permanently constrained. At the current $970k median house price, an 80% loan at 6.25% over 30 years is about $4,778 per month.
| Median house price | $970,000 |
|---|---|
| Median unit price | $595,000 |
| Estimated monthly repayment | $4,778 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 4.8% |
| Gross rental yield | 3.8% |
| Typical days on market | 19 |
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