Mount Elliot is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 169, the suburb has a mature demographic with a median age of 48. Households earn a median income of $134K per year, with an average household size of 3 people. The most common occupations are professionals, sales, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Mount Elliot is $1.9 million, having dropped significantly 16.5% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,909.
The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Mount Elliot offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 14.3x is considered stretched. House prices have moved -16.5% year-on-year.
Mount Elliot is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 169, the suburb has a mature demographic with a median age of 48. Households earn a median income of $134K per year, with an average household size of 3 people. The most common occupations are professionals, sales, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Mount Elliot is $1.9 million, having dropped significantly 16.5% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,909.
The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Mount Elliot offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 14.3x is considered stretched. House prices have moved -16.5% year-on-year.