Suburb Profile Report for Mount Stuart TAS (7000)

Mount Stuart House: Median price $499,250, Annual capital growth 3.49%, Number of sales 30, Weekly median advertised rent $450

Mount Stuart Unit: Median price $245,000, Annual capital growth 5.02%, Number of sales 17, Weekly median advertised rent $275

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Mount Stuart, 7000 have given investors a capital gain of 2.12%. This compares averagely with the 3.12% for TAS as a whole.

The five-year average increase in median property values for Mount Stuart,7000 has given property investors a potential capital gain of 18.87% across each of those five years.

Our latest figures would indicate that property sellers in Mount Stuart are currently offering property investors an average price cut of -4.45% below the asking price at the moment.

In the last year 30 properties changed hands in Mount Stuart, which puts it as the 84th most active market in TAS when comparing the number of sales per suburb.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 3.49%.

Giving property investors a a poor capital gain of -18.99% for the last year, Mount Stuart, 7000 is the 1680th highest performer in Australia in this respect.

Comparing Mount Stuart,7000 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Mount Stuart7000 is located in TAS which offers an average discount of -5.75% to property investors. Mount Stuart itself is showing figures that indicate -9.68% is the average achievable by property buyers investing in the suburb.

At number 6 in a list of fastest selling suburbs, Mount Stuart is in the TOP 10% of suburbs in Australia with an average of days on market 26.7 for properties listed there.

Using the current median advertised rental of $275 and the average annual increase in value of a median property of 5.02%, investors should hope to achieve an overall return of 5.84%

HOUSE UNIT
$499,250 $245,000
6.22% -4.85%
2.12% -18.99%
3.49% 5.02%
$450 $275
30 17
4.69% 5.84%
46.07 26.7

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2277
Median household income ($/weekly) 1418
Median age of persons 40
Median housing loan repayment ($/monthly) 1625
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 297 13.0
    25-34 years 234 10.3
    35-44 years 312 13.7
    45-54 years 389 17.1
    55-64 years 306 13.4
    Others 740 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 759 44.5
    Not Married 758 44.4
    Defacto Relationship 189 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1828 83.4
    Papua New Guinea 29 1.3
    South Africa 14 0.6
    United Kingdom 142 6.5
    Other 55 2.5
    Others 123 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 1.0
    Christianity 1194 57.6
    Islam 22 1.1
    Other Religious Groups 9 0.4
    No Religion 819 39.5
    Others 8 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 85 10.2
    $800-$999 74 8.9
    $1,500-$1,999 112 13.5
    $2,000-$2,499 90 10.8
    $2,500-$2,999 87 10.5
    Others 382 46.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 688 38.4
    Not in the labour force 553 30.9
    Employed, worked part-time 427 23.8
    Employed, away from work 79 4.4
    Unemployed, looking for work 44 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 164 13.8
    Professionals 463 38.9
    Technicians & trades workers 111 9.3
    Community & personal service workers 111 9.3
    Clerical & administrative workers 175 14.7
    Others 166 13.9
    Occupation
    Census Count Percent(%)
    Pre-school 19 3.1
    Infants/Primary 211 34.8
    Secondary 177 29.2
    Technical or Further Educational Institution 37 6.1
    University or other Tertiary Institutions 149 24.5
    Others 14 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1885 87.6
    Flat, unit or apartment 191 8.9
    Semi-detached, row or terrace house, townhouse 72 3.3
    House or flat attached to a shop, office 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 362 40.3
    Being purchased 322 35.8
    Rented 212 23.6
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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