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Mount Stuart suburb profile

Mount Stuart is a hilltop residential suburb of Hobart known for its elevated outlooks across the River Derwent and towards kunanyi / Mount Wellington. The area is mainly quiet and leafy, with a mix of older timber cottages and modest brick homes alongside pockets of more recent infill, set on winding streets and small garden blocks. It appeals to people seeking a calm, suburban feel while remaining close to city amenities, with parks and lookout points for local walks and regular bus links into Hobart, and larger shopping and café strips a short drive away in neighbouring suburbs.

Mount Stuart property market performance

Property growth+15.2%Past 12 months

Mount Stuart sees relatively few property sales, so there isn't enough recent data to publish a reliable median price for houses or units. The figures that are available show house values rose sharply, up 11.1% over the last 12 months, while unit values rose sharply, up 19.3%, so units increased faster than houses.

Over the last 3 months eight houses and three units were sold. Houses sold in a median of 29 days.

The rental market in Mount Stuart saw house rents average $680 a week over the last 12 months, up 13.7%. Unit rents averaged $428 a week and fell a modest 4.9% over the same period, so house rents grew more strongly than unit rents.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
11.1%19.3%
Sold
Past 3 months
83
Median days on market
Past 12 months
29N/A
Average rent
Past 12 months
$680$428
Change in rent
Past 12 months
13.7%-4.9%

5 year median price trend for houses and units

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Mount Stuart demographics

The community has 2,444 people with a median age of 41 and a median total household income of $1,960 a week, roughly $101,920 a year.

Families are dominated by couples: couple families with children make up 42.0% and couple families without children 43.7%, a combined 85.7% of all families. One-parent families account for 13.2% and other families 1.1%.

Homes in Mount Stuart are mostly owner-occupied, about three in four properties (74.9%) owned either outright (43.6%) or with a mortgage (31.3%), while renters make up 25.2% of dwellings.

Suburbs near Mount Stuart

Some popular suburbs near Mount Stuart include:

  • West Hobart: Leafy, established suburb with terrace homes and tree-lined streets.
  • North Hobart: Bustling dining and nightlife strip, popular for restaurants and cafés.
  • New Town: Established suburb with parks, heritage homes and broad residential streets.
  • Glebe: Small peninsula suburb with waterside reserves and a quiet residential feel.
  • Hobart: Tasmania's capital city on the Derwent River, offering harbour views and cultural institutions.

How does Mount Stuart compare to nearby suburbs?

  • Median house prices: Mount Stuart’s median house price is 9.3% higher than North Hobart’s.
  • House price growth: Over the past 12 months, house prices in Mount Stuart have grown 4.1% higher than in West Hobart.
  • Unit price growth: Over the past 12 months, unit prices in Mount Stuart have grown 26.5% higher than in North Hobart.
  • Selling speed for houses: Properties in Mount Stuart are selling 6.5% faster than in North Hobart.
  • Investment considerations: In Mount Stuart, the rental yield for house is 14.3% higher than the Hobart average, while the rental yield for units is 8.9% lower.
  • House price growth: Over the past 12 months, house prices in Mount Stuart have grown 25.5% higher than the average rate of growth across Hobart.
  • Unit price growth:Over the past 12 months, unit prices in Mount Stuart have grown 9.2% lower than the average rate of growth for units across Hobart.

Choose the right real estate agents in Mount Stuart

There are 34 real estate agents in Mount Stuart, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 34.0% of all sales in the past year.

Commission rates in Mount Stuart typically range from 2.63% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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