Located in New South Wales within the Canterbury-Bankstown local government area, Mount Lewis is a close-knit residential community (postcode 2190). It is home to about 1,234 residents, with a mix of young professionals and families and a median age of 37. Households earn a median income of $80K per year, with an average household size of 3.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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 professionals, clerical & administrative, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are Lebanese, Australian, English.
Median house prices in Mount Lewis stand at $1.5 million, having declined by 3.2% over the last twelve months. The current median weekly rent is $710. This gives a gross rental yield of approximately 2.5%. 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 2,382 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.5% (low yield). Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.7x is considered stretched. House prices have moved -3.2% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.