Mount Horeb is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 22, the suburb has an established demographic with a median age of 40. Households earn a median income of $78K per year, with an average household size of 2.1 people. The most common occupations are labourers, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount Horeb is $740,000, having dropped significantly 76.5% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,680.
Public transport access includes 6 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Mount Horeb offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($740K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -76.5% year-on-year.
Mount Horeb is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 22, the suburb has an established demographic with a median age of 40. Households earn a median income of $78K per year, with an average household size of 2.1 people. The most common occupations are labourers, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount Horeb is $740,000, having dropped significantly 76.5% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,680.
Public transport access includes 6 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Mount Horeb offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($740K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -76.5% year-on-year.