Mount Stuart at a glance
2,440
People
$887,500
Median sale
$554/wk
Median rent
3.25%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
TAS › Mount Stuart › Mortimer Ave
$2,400,000
Last sold
12 July 2026
9
Bedrooms
5
Bathrooms
6
Car spaces
2,070 m²
Land
697 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$2,400,000
12 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Mount Stuart (last 5 years) with land size have a median of $1,602/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Mount Stuart at a glance
2,440
People
$887,500
Median sale
$554/wk
Median rent
3.25%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Stuart
+170.4%
Median sale
Suburb $887,500
-2.05 pp
Gross yield
Suburb 3.25%
Suburb median $887,500 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $554/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Mount Stuart at a glance
2,440
People
$887,500
Median sale
$554/wk
Median rent
3.25%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by EIS PropertyBuilt in 1903 for the then Premier of Tasmania, Sir Neil Elliott Lewis, Werndee stands as one of Hobart's most distinguished Federation mansions. Offered to the market for only the third time since its construction, this grand residence presents a rare opportunity to acquire one of the city's true heritage icons.
Set on approximately 2,070 sqm of land including serene, established gardens, Werndee is framed by century-old Bhutan Cypress trees, a citrus grove, tranquil fishponds, and a charming gazebo. A true private sanctuary just minutes from the Hobart CBD.
Entering via a shaded wraparound veranda, supported by original macrocarpa pillars, one leads on through a grand front door into a formal reception hall that exudes timeless elegance. Soaring ceilings, gleaming kauri timber floors, intricate joinery, and exquisite stained-glass windows combine with a striking blackwood staircase to create an unforgettable first impression.
Spanning approximately 650 square metres, the residence features an array of formal and informal living spaces, each adorned with decorative fireplaces and refined period detailing. Constructed with triple-brick walls on the lower level and double brick above, the home offers enduring strength and natural insulation, while a sandstone cellar provides the perfect space for a wine collection.
Among the property's many architectural highlights is the distinctive turret, a whimsical addition by Sir Neil and builder R.J. Stabb while the architect, Alan C. Walker, was overseas. Recently restored by the property's current custodians, the turret offers a breathtaking vantage point with sweeping views across the city and the River Derwent.
Werndee offers unparalleled versatility, whether as an opulent private residence or a distinctive business opportunity. The property includes a self-contained flat, ideal for elderly parents, visiting guests, or growing teenagers, as well as the enchanting Wren Cottage, a cosy, 100+-year-old retreat, perfect for short-term stays.
Located in the prestigious suburb of Mount Stuart, just a short stroll from the North Hobart restaurant and café strip and only five minutes from the city centre, Werndee combines historical grandeur, architectural beauty, and modern convenience in a truly exceptional offering. Call now to book your private appointment.
Listing description written by Jules Hamilton, EIS Property — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.