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%