Located in New South Wales within the Wollondilly local government area, Mount Hunter is a close-knit residential community (postcode 2570). With a population of 749, the suburb has a settled mid-life population with a median age of 39. Households earn a median income of $114K per year, with an average household size of 3.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are clerical & administrative, managers, technicians & trades. Employment in the area leans toward construction and education. The top ancestries reported are Australian, English, Irish.
Mount Hunter has a median house price of $1.4 million, which has dropped significantly by 15.2% year-on-year. The current median weekly rent is $750. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,600.
Public transport access includes 9 bus stops. The crime rate in the Wollondilly LGA is low at 1,609 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.7%, which reads as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.6x is considered stretched. House prices have moved -15.2% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.