Suburb Profile Report for Mount Stuart TAS (7000)

Mount Stuart House: Median price $547,500, Annual capital growth 3.74%, Number of sales 32, Weekly median advertised rent $425

Mount Stuart Unit: Median price $301,024, Annual capital growth 4.92%, Number of sales 17, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$547,500 $301,024
15.26% -1.39%
12.65% 16.90%
3.74% 4.92%
$425 $280
32 17
4.04% 4.84%
24.38 10.69

Source: CoreLogic

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