Mount Stuart

POSTAL CODE: TAS, 7000
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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 7.13% growth over a ten-year period. It ranks 1837th 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 1.18% for the past year, which is lower than average compared to its 6.54% growth within a five-year period.

With the median home price in MOUNT STUART sitting at $912,500, and the average rent at $600, property owners could potentially earn a 3.42% 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.

Surburb overview

Mount Stuart, with the postcode 7000, is a picturesque suburb located approximately 3 kilometres northwest of Hobart’s central business district in Tasmania. The population of Mount Stuart is around 2,500 residents. Known for its elevated position, stunning views, and lush green surroundings, Mount Stuart offers a tranquil yet accessible lifestyle. 

Mount Stuart falls under the jurisdiction of the City of Hobart, which ensures well-maintained infrastructure and community services. Public transportation is well-served by Metro Tasmania buses, providing regular services to Hobart’s CBD and surrounding suburbs, making commuting convenient for residents. The suburb is also easily accessible by car via Mount Stuart Road and Augusta Road, facilitating straightforward travel to Hobart and other nearby areas.

Educational facilities in Mount Stuart include Mount Stuart Primary School, catering to the educational needs of young children. For secondary education, students typically attend nearby schools such as The Friends’ School, Ogilvie High School, and New Town High School. The University of Tasmania’s Sandy Bay campus is also within easy reach, offering higher education opportunities and attracting students and academics to the area. Additionally, the region offers various early childhood education centres, ensuring comprehensive educational opportunities for families.

Mount Stuart residents often visit the nearby New Town Plaza and North Hobart’s shopping precinct, which offer a variety of retail stores, supermarkets, cafes, and dining options. The Hobart CBD provides more extensive shopping, dining, and entertainment facilities, easily accessible to Mount Stuart residents.

The Knocklofty Reserve is a popular local spot featuring walking trails, picnic areas, and scenic views, making it ideal for family outings and outdoor activities. This reserve offers opportunities for hiking, birdwatching, and enjoying the natural beauty of the area.

The suburb’s elevated location provides excellent opportunities for outdoor enthusiasts, with various walking and cycling trails offering breathtaking views of Hobart, the River Derwent, and Mount Wellington. The nearby Queens Domain also offers extensive recreational facilities, including sports fields, walking tracks, and the Royal Tasmanian Botanical Gardens.

Residents of Mount Stuart benefit from its proximity to Hobart, allowing easy access to the city’s cultural and recreational attractions, including the Tasmanian Museum and Art Gallery, the State Cinema in North Hobart, and the bustling Salamanca Market. The suburb's strategic location also makes it a convenient base for exploring the natural beauty of the surrounding region, including Mount Wellington and the Derwent Valley.

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