Mount Knowles is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 40, the suburb has a mature demographic with a median age of 48. Households earn a median income of $101K per year, with an average household size of 3.1 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount Knowles is $550,000, having dropped significantly 55.5% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $200.
Public transport access includes 5 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Mount Knowles offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.5x is considered affordable. House prices have moved -55.5% year-on-year.
Mount Knowles is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 40, the suburb has a mature demographic with a median age of 48. Households earn a median income of $101K per year, with an average household size of 3.1 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount Knowles is $550,000, having dropped significantly 55.5% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $200.
Public transport access includes 5 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Mount Knowles offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.5x is considered affordable. House prices have moved -55.5% year-on-year.