Property value increases in Mount Stuart have tracked just lower than the TAS average of 4.21% over the last 12 months.
Mount Stuart,7000 was ranked 3791 in Australia by increase in median property value over the quarter.
Property buyers and investors in Mount Stuart 7000 should be seeing an average reduction in asking price of around -5.68% . This means that Mount Stuart is holding prices well when compared to other suburbs in TAS.
On average over the past year, suburb has had 2.33 sales per month, which equates to 28 per year.
A $445 per week rent on the median house gives suburb investors a gross yield of circa 4.87%, without taking into account capital value appreciation, which has been averaging out at 2.58%.
TAS has seen average median house prices change by 3.83% which means that Mount Stuart, 7000 has done well for property investors by showing a capital gain of 17.65% over the last year
Mount Stuart is 50th on a list of best yielding suburbs for rents in TAS with a 4.85% return