Doctor George Mountain is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 65, the suburb has an older demographic with a median age of 55. Households earn a median income of $62K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Doctor George Mountain is $1.3 million, having dropped significantly 21.9% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,424.
Public transport access includes 6 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Doctor George Mountain offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 21.7x is considered stretched. House prices have moved -21.9% year-on-year.
Doctor George Mountain is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 65, the suburb has an older demographic with a median age of 55. Households earn a median income of $62K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Doctor George Mountain is $1.3 million, having dropped significantly 21.9% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,424.
Public transport access includes 6 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Doctor George Mountain offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 21.7x is considered stretched. House prices have moved -21.9% year-on-year.