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%