Suburb Profile Report for Mount Stuart TAS (7000)

Mount Stuart House: Median price $518,000, Annual capital growth 2.84%, Number of sales 29, Weekly median advertised rent $440

Mount Stuart Unit: Median price $300,512, Annual capital growth 4.26%, Number of sales 14, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Mount Stuart, 7000 should be ok with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.50%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Stuart has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Mount Stuart should be aiming for at least -5.96% off the asking price, which is the average vendor discount being achieved at the moment.

Mount Stuart has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 10.91% to date .

Mount Stuart,7000 has offered an average of 10.91% return per annum in house price rises to property investors over the last three years.

Situated 2.29km from the CBD, Mount Stuart is one of Hobart localities in the postcode 7000.

Metrics i HOUSE UNIT
$518,000 $300,512
8.48% 0.17%
5.50% 10.91%
2.84% 4.26%
$440 $285
29 14
4.42% 4.93%
18.36 7.18

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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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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