Mount Stuart (Tas.)

An assessment of population growth drivers in Mount Stuart reveals an overall ranking slightly below national averages considering recent, and medium term trends

Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch since the Census, Mount Stuart's population is estimated at around 2,446 as of Nov 2025. This reflects an increase of 2 people (0.1%) since the 2021 Census, which reported a population of 2,444 people. The change is inferred from the resident population of 2,441 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 5 validated new addresses since the Census date. This level of population equates to a density ratio of 2,421 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Mount Stuart's 0.1% growth since census positions it within 2.2 percentage points of the SA3 area (2.3%), demonstrating competitive growth fundamentals. Population growth for the suburb was primarily driven by overseas migration that contributed approximately 64.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, and to estimate growth by age group in the years post-2032, the Tasmania State Government's Regional/LGA projections are adopted with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Considering the projected demographic shifts, a population increase just below the median of statistical areas analysed by AreaSearch is expected, with the suburb expected to grow by 161 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 8.1% in total over the 17 years.

Residential development activity is lower than average in Mount Stuart according to AreaSearch's national comparison of local real estate markets

AreaSearch analysis of ABS building approval numbers indicates that Mount Stuart has received approximately one dwelling approval per year over the past five financial years. This totals to an estimated five homes, with one approval recorded so far in FY-26. On average, each new dwelling constructed between FY-21 and FY-25 has attracted around 10.6 new residents annually. The demand for housing significantly outpaces supply, which typically influences prices upwards and intensifies competition among buyers.

New dwellings are developed at an average cost of $471,000 in Mount Stuart. This financial year has seen approximately $1.7 million in commercial approvals, suggesting a primarily residential focus. Compared to Greater Hobart, Mount Stuart's building activity is markedly lower, at 85.0% below the regional average per person.

This constrained new construction often reinforces demand and pricing for existing dwellings. Nationally, Mount Stuart's development activity also reflects market maturity and possible development constraints. Future projections estimate that Mount Stuart will add 198 residents by 2041, according to AreaSearch's latest quarterly estimate. At current development rates, housing supply may struggle to keep pace with population growth, potentially exacerbating buyer competition and supporting price increases.

Mount Stuart has limited levels of nearby infrastructure activity, ranking in the 15thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified two major projects that may impact the region. Key initiatives include Royal Hobart Hospital Emergency Department Expansion, Hobart City Deal, Greater Hobart Urban Growth Boundary Extension, and Queens Walk Housing Expansion. The following details projects likely to have the most relevance:.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis reveals Mount Stuart significantly outperforming the majority of regions assessed nationwide

Mount Stuart has an educated workforce with prominent representation in essential services sectors. The unemployment rate stands at 2.0%, according to AreaSearch's aggregation of statistical area data.

As of June 2025, 1,463 residents are employed while the unemployment rate is 2.1% lower than Greater Hobart's rate of 4.1%. Workforce participation in Mount Stuart is higher at 67.6%, compared to Greater Hobart's 61.6%. The leading employment industries among residents are health care & social assistance, education & training, and professional & technical services. Notably, the area has a strong specialization in professional & technical services with an employment share of 1.7 times the regional level.

However, construction has limited presence with only 4.9% employment compared to the regional average of 8.7%. The predominantly residential area appears to offer limited local employment opportunities, as indicated by the difference between the Census working population and resident population. Over the 12 months to June 2025, labour force levels decreased by 1.5%, while employment declined by 1.2% in Mount Stuart, leading to a fall of 0.3 percentage points in unemployment rate. In comparison, Greater Hobart saw employment fall by 1.5%, labour force contract by 1.6%, and unemployment fall by 0.2 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from Sep-22 project that national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Mount Stuart's employment mix suggests local employment should increase by 7.2% over five years and 14.7% over ten years, although this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's data for financial year 2022 shows Mount Stuart's median income was $55,389 and average income was $70,926. This is higher than the national averages of $51,272 (median) and $63,777 (average). In Greater Hobart, median income was $51,272 with an average of $63,777. By September 2025, adjusted for Wage Price Index growth of 13.83%, estimated incomes would be approximately $63,049 (median) and $80,735 (average). Mount Stuart's incomes cluster around the 68th percentile nationally. The largest income bracket is $1,500 - 2,999 weekly, comprising 31.3% of residents (765 people), similar to the broader area at 32.2%. High earners make up 30.4%, indicating strong economic capacity. After housing costs, residents retain 88.5% of income, reflecting strong purchasing power. Mount Stuart's SEIFA income ranking places it in the 8th decile.

Mount Stuart is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Mount Stuart's dwelling structures, as per the latest Census, consisted of 81.8% houses and 18.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Hobart metro's 69.2% houses and 30.9% other dwellings. Home ownership in Mount Stuart was at 43.4%, with the remaining dwellings either mortgaged (31.4%) or rented (25.2%). The median monthly mortgage repayment in Mount Stuart was $1,789, below Hobart metro's average of $1,800. The median weekly rent figure for Mount Stuart was recorded at $380, compared to Hobart metro's $390. Nationally, Mount Stuart's mortgage repayments were lower than the Australian average of $1,863, while rents exceeded the national figure of $375.

Mount Stuart features high concentrations of group households, with a higher-than-average median household size

Family households account for 66.8% of all households, including 28.6% couples with children, 29.5% couples without children, and 8.7% single parent families. Non-family households constitute the remaining 33.2%, with lone person households at 27.7% and group households making up 5.1%. The median household size is 2.4 people, which is larger than the Greater Hobart average of 2.3.

Mount Stuart shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Mount Stuart's educational attainment is notably high, with 54.3% of residents aged 15+ having university qualifications, compared to 25.5% in Tasmania (TAS) and 30.4% nationally. Bachelor degrees are the most prevalent at 31.7%, followed by postgraduate qualifications at 15.9% and graduate diplomas at 6.7%. Vocational pathways account for 20.5% of qualifications, with advanced diplomas at 9.3% and certificates at 11.2%. Educational participation is high, with 28.6% of residents currently enrolled in formal education.

This includes 8.3% in secondary education, 8.1% in primary education, and 7.1% pursuing tertiary education. Mount Stuart Primary School serves the local area, enrolling 320 students as of a recent report. The school focuses exclusively on primary education, with an Index of Community Socio-Educational Advantage (ICSEA) score of 1131, indicating significant socio-educational advantages and academic achievement. Secondary options are available in surrounding areas. School places per 100 residents stand at 13.1, below the regional average of 22.7, suggesting some students may attend schools in nearby areas.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Mount Stuart has 16 active public transport stops operating within its boundaries. These stops serve a mix of bus routes, totaling 36 individual routes that collectively facilitate 1,818 weekly passenger trips. Residents enjoy excellent transport accessibility, with an average distance of 169 meters to the nearest stop.

The service frequency across all routes averages 259 trips per day, resulting in approximately 113 weekly trips per individual stop.

The level of general health in Mount Stuart is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Mount Stuart shows favourable health outcomes for both younger and older residents, with low prevalence rates for common conditions. Approximately 55% (~1,351 individuals) have private health cover, compared to Greater Hobart's 58.9%.

The most prevalent medical issues are arthritis (9.4%) and mental health concerns (9.1%). Notably, 68.9% report no medical ailments, close to Greater Hobart's 69.8%. The area has a senior population of 19.6% (479 individuals), with seniors exhibiting strong health outcomes that exceed the general population metrics.

The level of cultural diversity witnessed in Mount Stuart was found to be above average when compared nationally for a number of language and cultural background related metrics

Mount Stuart exhibited above-average cultural diversity, with 22.2% of its population born overseas and 13.5% using a language other than English at home. Christianity was the predominant religion in Mount Stuart, comprising 31.8% of its population. Notably, Judaism's representation stood at 0.3%, higher than Greater Hobart's 0.2%.

In terms of ancestry, the top three groups were English (31.4%), Australian (24.5%), and Irish (10.2%). Some ethnicities showed significant differences: Polish was overrepresented at 1.3% compared to the regional 1.0%, Hungarian at 0.5% versus 0.2%, and Russian at 0.4% against 0.3%.

Mount Stuart hosts an older demographic, ranking in the top quartile nationwide

The median age in Mount Stuart is 41 years, which is higher than Greater Hobart's average of 39 years and slightly exceeds the national average of 38 years. The age profile shows that individuals aged 65-74 are particularly prominent, comprising 11.8% of the population, while those aged 25-34 make up a smaller proportion at 13.4%. Between 2021 and present, the 35 to 44 age group has increased from 12.7% to 14.8%, while the 45 to 54 cohort has decreased from 14.3% to 12.7% and the 25 to 34 group has dropped from 15.0% to 13.4%. Looking ahead to 2041, demographic projections indicate significant changes in Mount Stuart's age structure. The 45 to 54 age cohort is projected to increase by 131 people, from 310 to 442, a rise of 42%. Conversely, both the 0 to 4 and 65 to 74 age groups are expected to decrease in number.