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 4.94% growth over a ten-year period. It ranks 1521st on our list of suburbs that property investors should look into.
MOUNT STUART, 7000 in TAS belongs to the local government area of Hobart.
MOUNT STUART, 7000 has a capital gain of 32.49% for the past year, which is higher than average compared to its 42.05% growth within a five-year period.
With the median home price in MOUNT STUART sitting at $625,000, and the average rent at $460, property owners could potentially earn a 3.83% 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 32.49% 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 5th.
Homeowners and real estate investors betting on MOUNT STUART, 7000 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 19.62%.
A steady increase in median property prices over a five-year period in MOUNT STUART, 7000 translates to a 43.98% capital gain.
Property investors enjoyed capital gains of 19.62% over the last 12 months in MOUNT STUART, translating to lower returns compared with its peers in TAS.
MOUNT STUART, 7000 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $311,000.
Profits due to an upward trend in home prices in MOUNT STUART, 7000 averaged 14.66% per annum over a 3-year period.
Home owners selling their properties and realtors in MOUNT STUART usually have to wait an average of 14.8 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $315 mark, reflecting a 5.27% increase in returns based on the current median price in MOUNT STUART.
MOUNT STUART, 7000 places 38th in Australia based on median property value growth during the quarter.