Mount Lewis is a small community in New South Wales within the Canterbury-Bankstown local government area (postcode 2190). With a population of 1,234, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $80K per year, with an average household size of 3.3 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Lebanese, Australian, English.
The median house price in Mount Lewis is $1.5 million, having declined 4.8% over the past year. Units have a median price of $825,000 (+15.4% YoY). The current median weekly rent is $825. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,571.
Public transport access includes 7 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Mount Lewis offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.4x is considered stretched. House prices have moved -4.8% year-on-year.
Mount Lewis is a small community in New South Wales within the Canterbury-Bankstown local government area (postcode 2190). With a population of 1,234, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $80K per year, with an average household size of 3.3 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Lebanese, Australian, English.
The median house price in Mount Lewis is $1.5 million, having declined 4.8% over the past year. Units have a median price of $825,000 (+15.4% YoY). The current median weekly rent is $825. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,571.
Public transport access includes 7 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Mount Lewis offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.4x is considered stretched. House prices have moved -4.8% year-on-year.