Mount Nelson
With 58% of residents holding university qualifications, Mount Nelson sits 27.9 percentage points above the national figure, making it one of Hobart's most education-rich suburbs. A population of 2,749 lives across 5.34 square kilometres at a density of 514 people per km2, lower than most capital-city suburbs. Household income ranks at the 58.6th percentile nationally. The dominant identity signals here are detached housing (80.9% separate houses), established wealth and an aging trajectory, with the senior share rising 6.0 points over the decade while the young adult share fell 0.5 points.
Population
2,749
Median Age
40.0
Household IncomeiMedian weekly household income (ABS Census)
$1,687/wk
DAs (12 months)iDevelopment Applications lodged in the past year
5
Median house price data is not published for Mount Nelson in the current dataset, but the housing cost profile reveals an accessible market relative to income. Monthly mortgage repayments average $1,586, producing a mortgage-to-income ratio of 21.7%, comfortably below the 30% stress threshold. Weekly rent runs at $320, giving a rent-to-income ratio of 19.0%, also well below stress levels. The stock is heavily detached, with 80.9% of dwellings being separate houses, compared to a national mix where apartments and semi-detached properties take a much larger share. Larger homes dominate: 4-plus bedrooms account for 34.7% and 3-bedroom homes 32.7%, with 2-bedroom dwellings at 24.6%. Outright owners at 40.2% outnumber mortgage holders at 31.2%, which is typical of an established suburb where residents have held property for many years.
For Buyers
Median house price data is not published for Mount Nelson in the current dataset, but the housing cost profile reveals an accessible market relative to income. Monthly mortgage repayments average $1,586, producing a mortgage-to-income ratio of 21.7%, comfortably below the 30% stress threshold. Weekly rent runs at $320, giving a rent-to-income ratio of 19.0%, also well below stress levels. The stock is heavily detached, with 80.9% of dwellings being separate houses, compared to a national mix where apartments and semi-detached properties take a much larger share. Larger homes dominate: 4-plus bedrooms account for 34.7% and 3-bedroom homes 32.7%, with 2-bedroom dwellings at 24.6%. Outright owners at 40.2% outnumber mortgage holders at 31.2%, which is typical of an established suburb where residents have held property for many years.
For Investors
The rental market in Mount Nelson is modest but stable. Weekly rent averages $320, and 28.6% of households rent, a share that is lower than most capital-city suburbs and reflects the predominantly owner-occupied character of the area. The vacancy rate stands at 6.8%, which is elevated and suggests some softness in tenant demand relative to supply. Development activity is very low, with only 5 planning applications lodged in the past 12 months, confirming this is an established suburb with minimal new supply entering the market. Migration dynamics show net overseas arrivals of 158 per year more than offsetting a net internal outflow of 138, which provides underlying population support. Annual population growth is forecast at around 1% or 53 persons per year, a modest but consistent demand driver.
Development Activity
Total DAs
5
Last 12 Months
5
YoY ChangeiYear-over-year change in DA lodgements
—
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Mount Nelson iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Mount Nelson Primary School
K-6 · 233 students
Hobart College
11-12 · 1369 students
Demographics
The median age of 40 matches the national figure. However, the suburb's demographic profile stands out on education: 58.0% hold university qualifications, which is 27.9 percentage points above the national average, one of the sharpest differentials in Tasmania. Overseas-born residents make up 26.6% of the population, 5.0 points above national. Ancestry is predominantly Anglo-Celtic, led by English (1,098), Scottish (323) and Irish (276), with Chinese ancestry also notable at 230 residents. Average household size is 2.5, equal to the national average. The household composition leans toward couples: 31.1% are couples without children and couples with children account for 868 families out of 2,071 total. Volunteering runs at 28.3%, notably high, and only 4.1% of residents need daily assistance.
Age Distribution
Bedrooms
Dwelling Structure
80.9%
Houses
13.9%
Townhouse
5.2%
Apartment
Tenure
Separate houses dominate at 80.9%, well above the national figure where medium and high-density housing takes a much larger share. Semi-detached dwellings make up 13.9% and apartments just 5.2%. Room sizes skew large: 34.7% of dwellings have 4 or more bedrooms, and 32.7% have 3, suggesting family-oriented stock rather than investor-grade units. Tenure is skewed toward ownership: 40.2% own outright and 31.2% hold a mortgage, leaving 28.6% renting. The 40.2% outright ownership rate signals a long-settled population, consistent with the aging trajectory. Mortgage repayments average $1,586 per month, and at a mortgage-to-income ratio of 21.7% this remains manageable compared to many mainland capital suburbs where the ratio often exceeds 30%. Rent at $320 per week is low relative to other Hobart elevated suburbs.
Mortgage / mo
$1,586
Rent / wk
$320
HH Size
2.5
Personal Income / wk
$846
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
6.8%
Unoccupied
77
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.0%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.7%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
31.1%
Couples, no children
2,071
Total families
Economy & Employment
Education and healthcare together account for 36.4% of the local workforce, with Education leading at 19.3% (205 workers) and Healthcare at 17.1% (181 workers). Professional and Technical services follow at 12.5% and Public Administration at 11.9%, giving the suburb a distinctly public-sector and knowledge-economy character. By occupation, Professionals are the single largest group at 510 workers, followed by Managers at 178, consistent with the 58% university qualification rate. Full-time employment runs at 53.2% of those employed, with part-time at 580 workers. The unemployment rate is 7.6%, which is above typical low-disadvantage suburbs, likely reflecting a participation rate of 58.9% in a population with a high share of retirees. SEIFA IEO score is 1,115 at decile 9, reflecting high education and occupation advantage relative to the national distribution.
Unemployment
2.1%
Labour Force
2,990
Unemployed
62
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
53.2%
Part-time
39.2%
Participation
58.9%
Employed
1,238
Occupations
Top Industries
University
58.0%
Postgraduate
23.3%
Born Overseas
26.6%
Dwellings
1,062
Transport to Work
Mount Nelson is overwhelmingly car-dependent: 78.8% of residents drive to work and only 6.1% use public transport, equal to the walking and cycling share of 6.1%. This reflects the suburb's hilly topography and limited bus frequency compared to inner Hobart. No schools are recorded within the suburb boundary in this dataset, so families rely on nearby institutions. The IRSAD decile of 8 places Mount Nelson in the top 20% of suburbs nationally for advantage, and the IEO score of 1,115 (decile 9) confirms strong education and employment outcomes. The IRSD decile of 8 also indicates low relative disadvantage nationally. Rent-to-income at 19.0% and mortgage-to-income at 21.7% both sit below stress thresholds, giving residents stronger financial headroom than in most capital-city markets.
Drive
78.8%
Public Transport
6.1%
Walk / Cycle
6.1%
Work from Home
N/A
Population Forecast
+1.01%/yr
(+53 people/yr)
EstablishedMount Nelson has grown 14.8% over the past decade, adding around 356 people, and current annual growth runs at approximately 1.01% or 53 persons per year. Forecast population for the broader SA2 rises from around 5,259 in 2025 to approximately 5,640 by 2031 under the medium scenario, a steady rather than rapid trajectory. The migration balance is slightly positive: overseas arrivals of 158 per year exceed an internal outflow of 138, so growth relies on international migration rather than movement from other Australian regions. The trajectory is aging, with the senior share rising 6.0 points over the decade, and affordability has worsened slightly, with the housing cost share rising from 40.8% in 2011 to 44.7% in 2021. Real income growth of 6.9% has not kept pace with housing cost increases, a pattern common to high-amenity Hobart suburbs.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+158
Net Internal / yr
-138
Gentrification Signal
Not gentrifying
Population +16% since 2011, Net internal outflow -138/yr
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Mount Nelson compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Mount Nelson a good suburb to live in?
Mount Nelson scores decile 8 on IRSAD nationally, placing it in the top 20% for advantage. University qualifications reach 58%, which is 27.9 percentage points above the national figure. Mortgage-to-income at 21.7% and rent-to-income at 19.0% are both below stress thresholds, giving residents solid financial headroom. The trade-off is high car dependence, with 78.8% driving to work and only 6.1% using public transport.
What is the median house price in Mount Nelson?
A published median house price is not available for Mount Nelson in the current dataset. Indirect indicators suggest an accessible market: monthly mortgage repayments average $1,586, giving a mortgage-to-income ratio of 21.7%, and weekly rent averages $320. Outright owners make up 40.2% of households, reflecting long-established ownership in this suburb.
What schools are in Mount Nelson?
No schools are recorded within the Mount Nelson suburb boundary in this dataset, so families use schools in neighbouring Hobart suburbs. This is consistent with Mount Nelson's small population of 2,749. Despite this, the suburb has the highest education attainment profile in Hobart, with 58% of residents holding university qualifications, which is 27.9 points above the national average.
Is Mount Nelson safe?
Detailed crime statistics are not available for Mount Nelson in this dataset. As an indirect indicator, the suburb scores decile 8 on IRSD, the index of relative disadvantage, placing it in the top 20% nationally for low disadvantage. Only 4.1% of its 2,749 residents need daily assistance, consistent with a low-stress, high-advantage community.
Is Mount Nelson good for property investment?
The investment case is modest. Weekly rent of $320 against a high-priced detached market implies a low gross yield, and vacancy at 6.8% signals soft tenant demand. Only 5 development applications were lodged in the past 12 months, confirming minimal new supply. Annual population growth of around 1% provides steady but unspectacular demand, supported by 158 net overseas arrivals per year offsetting internal outflow.
How is Mount Nelson's population changing?
The population has grown 14.8% over the past decade and currently sits at 2,749. Annual growth runs at approximately 1.01%, or 53 persons per year. The trajectory is aging, with the senior share rising 6.0 points over the decade. Net overseas migration of 158 per year is the primary driver of growth, more than offsetting a net internal outflow of 138 residents annually.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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