ABS 2021 Census · Updated 31 March 2026
Mount Nelson is an inner-city suburb of Hobart, Australia, with a population of approximately 2,749, making it a boutique locality. Located 4 km from the Hobart CBD, Mount Nelson is a inner city area in Tasmania. The median household income is $87,724 AUD per year (ABS 2021 Census).
Moderate income levels in Mount Nelson indicate steady rental demand from working households. Close CBD access strengthens tenant appeal and resale value.
Map shows Mount Nelson, Tasmania, Australia.
Official Australia Post postcode for Mount Nelson. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Mount Nelson on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →As an inner-city location, Mount Nelson benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $320/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,586/month. The median household income of $87,724/year reflects a solid demographic, supporting sustainable rental demand. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
With robust local demand and income levels, Mount Nelson is a natural candidate for patient investors.
Rental yields in Mount Nelson are moderate — screen for properties that offer above-average returns.
Renovation or flip strategies in Mount Nelson face headwinds from a smaller buyer pool and slower turnover.
Run the numbers on a Mount Nelson property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Mount Nelson is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Mount Nelson offers measured appeal for investors willing to look beyond headline metrics.
Mount Nelson is a inner city area in Tasmania with a population of 2,749. The median rent is $320/week and the median household income is $87,724/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Mount Nelson include employment proximity and urban lifestyle. 76% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Mount Nelson has a population of approximately 2,749. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Mount Nelson is approximately 4 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.