Investment property in Mount Stuart has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.65%
Taking the average capital gain, or increase in median house value, Mount Stuart,7000 has racked up an average of 12.65% over the period. This ranks it number 1593th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Mount Stuart should be aiming for at least -5.94% off the asking price, which is the average vendor discount being achieved at the moment.
If you compare the increase in value of investment property in Mount Stuart, 7000 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 16.90%.
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Stuart comes in at number 12th in TAS.
At number 19th of TAS’s most discounted properties, Mount Stuart is in the bottom 40% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Mount Stuart being $301024 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.84%