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

As of Feb 2026, the estimated population of Mount Stuart (Tas.) is around 2466 people. This figure reflects an increase of 22 individuals since the 2021 Census, which reported a population of 2444 people. The change is inferred from AreaSearch's resident population estimate of 2438 following examination of ABS' latest ERP data release in June 2024 and an additional seven validated new addresses since the Census date. This population level equates to a density ratio of 2441 persons per square kilometer, placing Mount Stuart in the upper quartile relative to national locations assessed by AreaSearch. The suburb's 0.9% growth since census positions it within 1.6 percentage points of the SA3 area (2.5%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration, contributing approximately 64.0% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and to estimate growth by age group post-2032, Tasmania State Government's Regional/LGA projections are adopted, released in 2022 with a base year of 2021, using weighted aggregation methods for population growth from LGA to SA2 levels. Considering projected demographic shifts, an increase just below the median is expected for Mount Stuart, with an estimated growth of 179 persons by 2041 based on aggregated SA2-level projections, reflecting a total increase of 7.8% 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 in Mount Stuart shows approximately one dwelling receiving development approval each year over the past five financial years, totalling six homes. In FY26 so far, one approval has been recorded. This results in an average of 8.8 new residents arriving per year per dwelling constructed between FY21 and FY25.

Given the significantly lower development activity compared to Greater Hobart (82.0% below regional average per person) and nationally, housing supply may struggle to match population growth, with Mount Stuart forecasted to gain 191 residents by 2041. Current dwelling construction values average $471,000, indicating a focus on premium properties.

Population forecasts indicate Mount Stuart will gain 191 residents through to 2041 (from the latest AreaSearch quarterly estimate). At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Mount Stuart has emerging levels of nearby infrastructure activity, ranking in the 38thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. Two projects identified by AreaSearch are expected to impact the area: Royal Hobart Hospital Emergency Department Expansion, Hobart City Deal, Queens Walk Housing Expansion, and Tasman Private Hospital. The following details those most relevant: Royal Hobart Hospital Emergency Department Expansion began on 1st January 2020 and is scheduled for completion in December 2023. Hobart City Deal was announced on 11th February 2019 with an estimated completion date of June 2025. Queens Walk Housing Expansion started on 15th April 2018 and is expected to finish by March 2024. Tasman Private Hospital's expansion commenced on 7th July 2021, with an anticipated completion date of May 2024.

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The labour market strength in Mount Stuart positions it well ahead of most Australian regions

Mount Stuart's workforce is highly educated with significant representation in essential services sectors. The unemployment rate as of September 2025 was 1.9%. This rate is 2.1% lower than Greater Hobart's rate of 4.0%.

Workforce participation in Mount Stuart was 71.8%, compared to Greater Hobart's 63.8%. According to Census responses, 14.3% of residents worked from home. The dominant employment sectors were health care & social assistance, education & training, and professional & technical services. Mount Stuart had a particularly strong specialization in professional & technical services with an employment share 1.7 times the regional level.

However, construction had limited presence at 4.9%, compared to the regional average of 8.7%. The area appeared to offer limited local employment opportunities based on Census data comparing working population to resident population. In the 12-month period ending in September 2025, Mount Stuart's labour force decreased by 0.9% and employment decreased by 0.6%, resulting in a 0.3 percentage point fall in unemployment rate. Greater Hobart recorded an employment decline of 0.7%, labour force decline of 0.9%, with unemployment falling by 0.2 percentage points during the same period. National employment forecasts from Jobs and Skills Australia, published in May-25, projected national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Mount Stuart's employment mix suggested local employment should increase by 7.2% over five years and 14.7% over ten years.

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

AreaSearch's latest postcode level ATO data for financial year ended June 2023 indicates that median income in Mount Stuart suburb is $55,392 and average income stands at $70,933. This contrasts with Greater Hobart's figures of a median income of $54,577 and an average income of $65,190 for the same period. Based on Wage Price Index growth of 9.6% from June 2023 to September 2025, current estimates would be approximately $60,710 (median) and $77,743 (average). According to Census 2021 income data, household, family and personal incomes in Mount Stuart cluster around the 68th percentile nationally. Income distribution shows that 31.3% of individuals earn between $1,500 - 2,999 per week, aligning with regional levels where this cohort represents 32.2%. The suburb demonstrates affluence with 30.4% earning over $3,000 per week, supporting premium retail and service offerings. After housing costs, residents retain 88.5% of income, reflecting strong purchasing power. Area'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 dwellings, as per the latest Census evaluation, consisted of 81.8% houses and 18.2% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Hobart metro's 85.3% houses and 14.7% other dwellings. Home ownership in Mount Stuart stood at 43.4%, with mortgaged dwellings at 31.4% and rented ones at 25.2%. The median monthly mortgage repayment was $1,789, surpassing Hobart metro's average of $1,517. The median weekly rent in Mount Stuart was recorded at $380, compared to Hobart metro's $350. 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 fairly typical median household size

Family households constitute 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 account for the remaining 33.2%, with lone person households at 27.7% and group households comprising 5.1% of the total. The median household size is 2.4 people, which aligns with the Greater Hobart average.

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

Mount Stuart has a notably high level of educational attainment among residents aged 15 and above, with 54.3% holding university qualifications. This figure is significantly higher than the broader benchmarks of Tasmania at 25.5% and Australia at 30.4%. The area's strong educational advantage positions it favourably for knowledge-based opportunities. Bachelor degrees are the most common at 31.7%, followed by postgraduate qualifications at 15.9% and graduate diplomas at 6.7%.

Vocational pathways account for 20.5% of qualifications among those aged 15 and above, with advanced diplomas at 9.3% and certificates at 11.2%. Educational participation is high in Mount Stuart, 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.

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

Mount Stuart has 16 operational public transport stops, all serving buses. These stops are covered by 52 unique routes, offering a total of 2,166 weekly passenger trips. The area's transport accessibility is rated highly, with residents typically situated just 169 meters from the nearest stop. Predominantly residential, most Mount Stuart residents travel outwards for work. Cars remain the primary commuting mode at 74%, followed by walking at 15% and bus use at 6%. On average, there are 1.4 vehicles per dwelling.

According to the 2021 Census, 14.3% of residents work from home, which may be influenced by COVID-19 conditions. Across all routes, service frequency averages 309 trips daily, equating to around 135 weekly trips per individual stop.

Mount Stuart's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics shows strong performance throughout Mount Stuart. AreaSearch's assessment found very low prevalence of common health conditions across all age groups.

The rate of private health cover was found to be very high at approximately 55% of the total population (~1,362 people), compared to 51.7% across Greater Hobart. The most common medical conditions in the area were arthritis and mental health issues, impacting 9.4 and 9.1% of residents respectively. A total of 68.9% of residents declared themselves completely clear of medical ailments, compared to 65.5% across Greater Hobart. Health outcomes among the working-age population are broadly typical. The area has 20.1% of residents aged 65 and over (495 people). Health outcomes among seniors are particularly strong, with national rankings broadly in line with the general population.

In terms of cultural diversity, Mount Stuart records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Mount Stuart's population shows above-average cultural diversity, with 22.2% born overseas and 13.5% speaking a language other than English at home. Christianity is the predominant religion, comprising 31.8% of Mount Stuart's population. Notably, Judaism is overrepresented in Mount Stuart at 0.3%, compared to 0.1% across Greater Hobart.

In terms of ancestry, the top three groups are English (31.4%), Australian (24.5%), and Irish (10.2%). Some ethnic groups have notable divergences: Polish (1.3% vs regional 0.8%), Hungarian (0.5% vs 0.2%), and Russian (0.4% vs 0.2%) are overrepresented in Mount Stuart.

Mount Stuart's median age exceeds the national pattern

The median age in Mount Stuart is 41 years, which is higher than Greater Hobart's average of 39 years and exceeds the national average of 38 years. The age profile shows that those aged 45-54 are particularly prominent, making up 12.6% of the population, while the 25-34 age group is smaller at 13.0%. Between 2021 and now, the 35-44 age group has grown from 12.7% to 15.1%, and the 75-84 cohort has increased from 4.6% to 6.0%. Conversely, the 25-34 age group has declined from 15.0% to 13.0%, and the 45-54 group has dropped from 14.3% to 12.6%. Looking ahead to 2041, demographic projections show significant shifts in Mount Stuart's age structure. The 45-54 age cohort is projected to increase by 130 people (42%), from 310 to 441. Conversely, both the 25-34 and 65-74 age groups are expected to see reduced numbers.