Nelson

POSTAL CODE: VIC, 3292
HOUSE

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 30.73% growth over a ten-year period. It ranks 3202nd on our list of suburbs that property investors should look into.

NELSON, 3292 has a capital gain of 0% for the past year, which is lower than average compared to its 44.74% growth within a five-year period.

With the median home price in NELSON sitting at $440,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in NELSON are low, as opposed to average gains per annum over the past five years.

NELSON, 3292 in VIC belongs to the local government area of Glenelg.

Surburb overview

Nelson is a coastal township in far south-west Victoria, located near the South Australian border at the mouth of the Glenelg River, approximately 420 kilometres west of Melbourne and 80 kilometres west of Portland.

The town sits within the Glenelg Shire and had a population of 191 at the 2021 Census.
Nelson is known for its riverfront setting, fishing industry and access to nearby coastal and forest environments, making tourism an important part of the local economy.

The township developed around timber milling, fishing and river transport, with the Glenelg River continuing to play a central role in recreation and local identity.

Residents and visitors have access to boating, kayaking, fishing and camping facilities, while the surrounding region supports bushwalking and nature-based tourism.

The nearby Lower Glenelg National Park provides walking tracks, canoeing routes and habitat for native wildlife across riverine and forest landscapes.

Nelson also sits close to the Discovery Bay Coastal Park and several beaches along Victoria’s far south-west coastline.

Most major retail, healthcare, and administrative services are accessed in Portland or Mount Gambier, while local businesses support tourism, accommodation, and hospitality activities within the township.

Road access is available via the Princes Highway and regional coastal roads linking Nelson with Portland, Mount Gambier and surrounding rural communities.

Public transport services are limited within the township, with most residents relying on private vehicles for daily travel and regional connections.

Community life is centred around local sporting clubs, fishing activities and seasonal tourism, particularly during holiday periods and warmer months.

Housing in Nelson includes detached homes, holiday accommodation, riverfront properties and rural lifestyle holdings positioned near the coast and surrounding bushland.

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