Mount George is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2424). With a population of 337, the suburb has a mature demographic with a median age of 45. Households earn a median income of $62K per year, with an average household size of 2.7 people. The most common occupations are labourers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount George is $700,000, having grown strongly 5.7% over the past year. The median weekly rent is $245 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,092.
Mount George is served by 1 school, including 1 primary. The average ICSEA score is 932, which is below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Mount George offers a gross rental yield of 1.8%, rated as low yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.2x is considered stretched. House prices have moved +5.7% year-on-year.
Mount George is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2424). With a population of 337, the suburb has a mature demographic with a median age of 45. Households earn a median income of $62K per year, with an average household size of 2.7 people. The most common occupations are labourers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount George is $700,000, having grown strongly 5.7% over the past year. The median weekly rent is $245 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,092.
Mount George is served by 1 school, including 1 primary. The average ICSEA score is 932, which is below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Mount George offers a gross rental yield of 1.8%, rated as low yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.2x is considered stretched. House prices have moved +5.7% year-on-year.