Mount David (postcode 2795) is a small, quiet locality in New South Wales within the Oberon local government area. It is home to about 51 residents, with a settled, mature resident base and a median age of 51. Households earn a median income of $36K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, machinery operators & drivers, community & personal service. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, Italian.
Median house prices in Mount David stand at $110,000, having fallen sharply by 31.2% over the last twelve months. The current median weekly rent is $520. This gives a gross rental yield of approximately 24.6%. The median monthly mortgage repayment is $450.
Public transport access includes 5 bus stops. The crime rate in the Oberon LGA is low at 1,713 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 24.6%, which reads as high yield. Property prices sit below the state median ($110K/$1.5M), which can point to relative value. The price-to-income ratio of 3.1x is considered affordable. House prices have moved -31.2% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.