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Based on its average 5-year and quarterly capital gains MOUNT STUART, 7000 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MOUNT STUART, 7000 obtained a 7.09% growth over a ten-year period. It ranks 540th on our list of suburbs that property investors should look into.
MOUNT STUART, 7000 in TAS belongs to the local government area of Hobart (C).
MOUNT STUART, 7000 has a capital gain of 14.69% for the past year, which is higher than average compared to its 68.79% growth within a five-year period.
With the median home price in MOUNT STUART sitting at $833,000, and the average rent at $520, property owners could potentially earn a 3.25% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MOUNT STUART are low, as opposed to average gains per annum over the past five years.
A 14.69% increase in median property prices in MOUNT STUART, 7000 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 60th.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||14.69%||-31.26%|
|Median 3 years||30.67%||2.27%|
|Median 5 years||68.79%||32.35%|
|10 years average annual||7.09%||0.77%|
|Weekly media advert. rent||$520||$340|
|Time on Market||53.9 days||39.1 days|
|Gross Rental Yield Percent||3.25%||5.24%|