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 May 2026, the estimated population of the suburb of Mount Stuart (Tas.) is around 2,440, reflecting a decrease of 4 people since the 2021 Census. This decline represents a 0.2% change from the previous population count of 2,444. The latest resident population estimate of 2,436 by AreaSearch, following examination of the June 2025 ABS ERP data release and validation of 6 new addresses since the Census date, supports this decrease. This results in a population density ratio of approximately 2,415 persons per square kilometer, placing Mount Stuart in the upper quartile relative to national locations assessed by AreaSearch. While Mount Stuart experienced a 0.2% decline since census, the SA3 area achieved 1.8% growth, indicating divergent population trends. Overseas migration contributed around 64.0% of overall population gains during recent periods, driving primary growth in the area.

AreaSearch is adopting 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 post-2032 growth by age group, Tasmania State Government's Regional/LGA projections are adopted, released in 2022 with a base year of 2021, adjusted employing a method of weighted aggregation from LGA to SA2 levels. Considering projected demographic shifts, the suburb is expected to grow by approximately 153 persons by 2041 based on aggregated SA2-level projections, reflecting an increase of around 6.1% in total over the 16-year period.

The level of residential development activity in Mount Stuart is very low in comparison to the average area assessed nationally by AreaSearch

Mount Stuart has received approximately one dwelling approval per year over the past five financial years, totalling six homes. In FY26 so far, two approvals have been recorded. The average construction cost of new dwellings in Mount Stuart is $471,000, indicating a focus on premium properties.

Compared to Greater Hobart, Mount Stuart has significantly lower development activity, with 82% below the regional average per person. This constrained supply may reinforce demand and pricing for existing dwellings. Nationally, Mount Stuart's development activity is also lower, suggesting market maturity and potential development constraints.

By 2041, Mount Stuart's population is forecasted to increase by 149 residents. At current development rates, housing supply may struggle to keep pace with population growth, potentially intensifying buyer competition and supporting price increases.

Mount Stuart has emerging levels of nearby infrastructure activity, ranking in the 35thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. Two projects identified by AreaSearch are expected to impact this region. Notable projects comprise Royal Hobart Hospital Emergency Department Expansion, Hobart City Deal, Queens Walk Housing Expansion, and Tasman Private Hospital. The following details projects deemed most relevant:.

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The exceptional employment performance in Mount Stuart places it among Australia's strongest labour markets

Mount Stuart has an educated workforce with prominent representation in essential services sectors. Its unemployment rate is 1.8%, lower than Greater Hobart's 4.0%. Over the past year, employment stability was maintained.

As of December 2025, 1,445 residents are employed and the unemployment rate is 2.2% below Greater Hobart's rate. Workforce participation is high at 69.9%, compared to Greater Hobart's 63.7%. Home-based work accounts for 14.3% of jobs, considering Covid-19 impacts. Key employment sectors include health care & social assistance, education & training, and professional & technical services.

The area specializes in professional & technical roles with an employment share 1.7 times the regional level. Construction employment is limited at 4.9%, compared to the regional average of 8.7%. Local employment opportunities appear limited as indicated by Census data on working population versus resident population. Between December 2024 and December 2025, labour force decreased by 0.5% and employment fell by 0.1%, causing unemployment to drop by 0.4 percentage points. In comparison, Greater Hobart saw employment growth of 0.1%, labour force decline of 0.1%, and a fall in unemployment of 0.2 percentage points. National employment forecasts from May-25 suggest Mount Stuart's employment should increase by 7.2% over five years and 14.7% over ten years, based on industry-specific projections applied to the local employment mix.

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 2023 shows that Mount Stuart's median income is $55,392 and average income is $70,933. This is higher than Greater Hobart's median income of $54,577 and average income of $65,190. By March 2026, estimated median income in Mount Stuart would be approximately $61,457 and average income $78,700, based on a 10.95% Wage Price Index growth since financial year 2023. According to Census 2021 data, incomes in Mount Stuart cluster around the 68th percentile nationally. In this suburb, 31.3% of individuals earn between $1,500 and $2,999 weekly, aligning with regional levels at 32.2%. Notably, 30.4% of residents earn over $3,000 per week, supporting premium retail and service offerings. After housing costs, Mount Stuart residents retain 88.5% of their income, indicating strong purchasing power. The 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 recorded in the latest Census, consisted of 81.8% houses and 18.2% other dwellings (semi-detached, apartments, 'other' dwellings), compared to 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, higher than Hobart metro's average of $1,517. The median weekly rent in Mount Stuart was $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%. 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's residents aged 15+ have higher educational attainment compared to broader figures: 54.3% versus Tasmania's 25.5% and Australia's 30.4%. University qualifications lead with bachelor degrees at 31.7%, followed by postgraduate qualifications (15.9%) and graduate diplomas (6.7%). Vocational pathways account for 20.5%, comprising advanced diplomas (9.3%) and certificates (11.2%). Educational participation is notably high, with 28.6% of residents currently enrolled in formal education: 8.3% in secondary, 8.1% in primary, and 7.1% in tertiary education.

Educational participation is notably 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.

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, offering a variety of bus services. These stops are served by 52 distinct routes, facilitating a total of 2,166 weekly passenger trips. The area's transport accessibility is rated highly, with residents typically residing just 169 meters from the nearest stop. Predominantly residential, most Mount Stuart residents commute outside the area. Cars remain the primary mode of transportation, used by 74% of residents, while 15% walk and 6% use public transport. 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. The service frequency averages 309 trips per day across all routes, equating to approximately 135 weekly trips per 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 indicates very low prevalence of common health conditions across all age groups.

The rate of private health cover is found to be very high at approximately 55% of the total population (~1,348 people), compared to 51.7% across Greater Hobart. The most common medical conditions in the area are arthritis and mental health issues, impacting 9.4 and 9.1% of residents respectively. A total of 68.9% of residents declare 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 20.5% of residents aged 65 and over (500 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 had a cultural diversity level above average, with 22.2% of its population born overseas and 13.5% speaking a language other than English at home. Christianity was the predominant religion in Mount Stuart, making up 31.8% of people there. However, Judaism showed significant overrepresentation, comprising 0.3% of the population compared to 0.1% across Greater Hobart.

In terms of ancestry, the top three represented groups were English (31.4%), Australian (24.5%), and Irish (10.2%). Notably, certain ethnic groups had higher representation in Mount Stuart than regionally: Polish at 1.3% vs 0.8%, Hungarian at 0.5% vs 0.2%, and Russian at 0.4% vs 0.2%.

Mount Stuart's median age exceeds the national pattern

The median age in Mount Stuart is 41 years, higher than Greater Hobart's average of 39 years and the national average of 38 years. The age profile shows that individuals aged 45-54 are particularly prominent, making up 12.8% of the population, while those aged 25-34 comprise a smaller percentage at 13.2%. Between 2021 and present, the 35 to 44 age group has grown from 12.7% to 15.3%, and the 75 to 84 cohort has increased from 4.6% to 6.2%. Conversely, the 25 to 34 age group has declined from 15.0% to 13.2%, and the 45 to 54 age group has dropped from 14.3% to 12.8%. By 2041, demographic projections indicate significant shifts in Mount Stuart's age structure. The 45 to 54 age cohort is projected to increase by 120 people (39%), growing from 312 to 433 individuals. Conversely, both the 25 to 34 and 65 to 74 age groups are expected to decrease in numbers.