Mount Irvine is a quiet locality in New South Wales within the Blue Mountains local government area (postcode 2786). With a population of 22, the suburb has an older demographic with a median age of 67. Households earn a median income of $47K per year, with an average household size of 1.8 people. The top ancestries reported are English, Scottish, Irish.
The median house price in Mount Irvine is $1.2 million, having declined 5.5% over the past year. The current median weekly rent is $605. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,600.
The crime rate in the Blue Mountains LGA is low at 1,829 incidents per 100,000 population.
From an investment perspective, Mount Irvine offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 25.7x is considered stretched. House prices have moved -5.5% year-on-year.
Mount Irvine is a quiet locality in New South Wales within the Blue Mountains local government area (postcode 2786). With a population of 22, the suburb has an older demographic with a median age of 67. Households earn a median income of $47K per year, with an average household size of 1.8 people. The top ancestries reported are English, Scottish, Irish.
The median house price in Mount Irvine is $1.2 million, having declined 5.5% over the past year. The current median weekly rent is $605. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,600.
The crime rate in the Blue Mountains LGA is low at 1,829 incidents per 100,000 population.
From an investment perspective, Mount Irvine offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 25.7x is considered stretched. House prices have moved -5.5% year-on-year.