Nelson, located in the Glenelg Shire of Victoria, offers a tranquil and picturesque setting that is often attractive to those looking for a peaceful retreat. The housing market in Nelson is relatively modest compared to urban centers, primarily consisting of charming cottages and spacious family homes. Given its location near the Glenelg River and close proximity to stunning natural attractions like the Lower Glenelg National Park and the Southern Ocean, property here can appeal to nature lovers and retirees seeking a quieter lifestyle. The market in Nelson tends to be stable, with moderate price fluctuations, making it an appealing place for long-term investment.
Living in Nelson provides residents with a strong sense of community and a slower pace of life, which can be a refreshing change from the hustle and bustle of city living. The town is known for its beautiful natural surroundings, offering numerous outdoor activities such as fishing, kayaking, and bushwalking. While amenities in Nelson are more limited compared to larger towns, essential services are available, and the community is tight-knit, with local events fostering connection among residents. Its peaceful environment, combined with the stunning landscape, makes Nelson an ideal spot for those looking to enjoy a more relaxed lifestyle.
Median Weekly Rent | $186.00 |
Median Monthly Mortgage | $1107.00 |
Median Persons Per bed houseroom | 0.77 |
Average Household Size | 2.33 |
Average Age | 53.00 |
Average Income | $727.33 |
Average Cars Per Dwelling | 2.44 |
Average Properties Within 50M | 9 |
Typical 1 bed house | $372,000 |
Typical 2 bed house | $329,000 |
Typical 3 bed house | $462,000 |
Typical 4 bed house | $634,000 |
Typical 5 bed house | $650,000 |
Housing Stock
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Thinking about buying in Nelson? Now could not be a better time, with just 469 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $430,000 with prices in this suburb ranging from $17,000 to $1,075,000. Nelson is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Nelson due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Nelson provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Nelson to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Nelson the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation22 Mitchell Avenue, Nelson, VIC, 3292 | 2 | 1 | 1 | $210,000 - $220,000 |
None within suburb boundary
(While the above schools are located with the suburb of Nelson there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.4 | 12.3 | 26.7 | 40.6 | 94.2 | 3.9 | 24.6 |
Feb | 1.0 | 13.0 | 26.5 | 42.5 | 94.9 | 3.8 | 20.7 |
Mar | 1.2 | 11.3 | 23.7 | 47.2 | 95.4 | 3.4 | 15.8 |
Apr | 1.7 | 9.0 | 20.0 | 51.5 | 93.5 | 2.8 | 11.2 |
May | 2.8 | 7.4 | 16.3 | 63.2 | 94.6 | 2.7 | 8.4 |
Jun | 3.0 | 5.4 | 14.0 | 71.0 | 95.1 | 2.7 | 7.2 |
Jul | 3.5 | 5.4 | 13.5 | 70.4 | 95.6 | 3.2 | 7.3 |
Aug | 2.9 | 5.8 | 14.5 | 59.9 | 93.2 | 3.7 | 10.2 |
Sept | 2.1 | 6.7 | 16.7 | 57.0 | 96.8 | 3.5 | 14.3 |
Oct | 1.8 | 7.7 | 19.4 | 53.1 | 96.8 | 3.7 | 19 |
Nov | 1.4 | 9.1 | 21.5 | 48.8 | 97.1 | 3.6 | 21.8 |
Dec | 1.6 | 10.8 | 24.5 | 43.5 | 96.3 | 3.8 | 26.1 |
source: Australian Government Bureau of Meteorology
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