Mount Austin is a smaller suburb in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 4,035, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $58K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Mount Austin is $545,000, having surged 12.4% over the past year. Units have a median price of $430,000 (+30.7% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,148.
Mount Austin is served by 1 school, including 1 primary. The average ICSEA score is 824, which is well below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Mount Austin offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($545K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +12.4% year-on-year.
Mount Austin is a smaller suburb in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 4,035, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $58K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Mount Austin is $545,000, having surged 12.4% over the past year. Units have a median price of $430,000 (+30.7% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,148.
Mount Austin is served by 1 school, including 1 primary. The average ICSEA score is 824, which is well below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Mount Austin offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($545K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +12.4% year-on-year.