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Nelson, VIC 3292
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$445,000
market range $400K-$525K
Median Unit
$165,000
Gross Yield
-
1yr Growth (houses)
+18.3%
market range +5.0% to +22.5%
Investment snapshot for Nelson
Nelson has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Nelson market and investor summary
In Nelson, VIC 3292, the median house sells for around $445K. House prices have moved +18.3% over the past year. At 1.5% vacancy, it is a tight rental market that favours landlords.
Houses also take time to sell, around 68 days on market, so plan for a slower exit if you ever need one.
Living in Nelson: people, income and schools
Nelson is home to around 191 people, a number that has held fairly steady over five years. At a median age of 60, it reads as an older, established demographic, and 90% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $57,000 a year (about $1,100 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 7.8 times local household income, in line with much of metropolitan Australia. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
- Population
- 191
- -1% over 5yr
- Median age
- 60 years
- Median household income
- $57,000/yr
- Households renting
- 17%
- Family households
- 61%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 1.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Nelson
No properties currently listed in Nelson
Search Nelson listings →Frequently asked questions about Nelson
What should I check before investing in Nelson?
Nelson has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +18.3% in the past year shows strong recent price momentum. Tight rental market (1.5% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Nelson?
The median property price in Nelson, VIC 3292 is $445K for houses and $165K for units.
What does recent house price growth show for Nelson?
House prices in Nelson are up 18.3% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Nelson?
The current vacancy rate in Nelson is 1.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Nelson?
Nelson has a population of approximately 191 residents, with a median age of 60.
Is Nelson affordable to buy in?
A median house in Nelson costs about 7.8 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Nelson's population growing?
The population of Nelson has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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