Suburb Profile Report for Mount Stuart TAS (7000)

Mount Stuart House: Median price $622,500, Annual capital growth 4.98%, Number of sales 36, Weekly median advertised rent $450

Mount Stuart Unit: Median price $310,780, Annual capital growth 3.49%, Number of sales 25, Weekly median advertised rent $288

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Mount Stuart have tracked higher than the TAS average of 9.40% over the last 12 months.

While Mount Stuart,7000 ranked number 36th in TAS for increase in median house value (annualised) increase, it is ranked 12th over the last 5 years.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Mount Stuart itself are offering an average vendor discount of -5.53% to real estate investors.

In the last year 36 properties changed hands in Mount Stuart, which puts it as the 86th most active market in TAS when comparing the number of sales per suburb.

Property investors should expect to get $450 weekly from the median priced house in this suburb.

Giving property investors a a solid capital gain of 24.31% for the last year, Mount Stuart, 7000 is the 95th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Mount Stuart has given property investors a paper return of 1.63%. This puts Suburb as 34 on a list of fastest fasting appreciating suburbs in TAS

Vendor discounting in Mount Stuart is giving property investors an average Vendor Discount of around -6.77%. This puts suburb at number 8th in TAS when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Mount Stuart the average time real estate has been on the market is 15.5 days.

Mount Stuart, 7000’s gross rental yield is 4.81%

Metrics i HOUSE UNIT
$622,500 $310,780
4.97% 1.63%
31.05% 24.31%
4.98% 3.49%
$450 $288
36 25
3.76% 4.81%
23.5 15.5

Source: CoreLogic

DSR Score for property investment : 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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