Mount Marsden is a quiet locality in New South Wales within the Lithgow local government area (postcode 2849). With a population of 54, the suburb has a mature demographic with a median age of 52. Households earn a median income of $45K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount Marsden is $598,000, having dropped significantly 33.6% over the past year. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,600.
Public transport access includes 5 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Mount Marsden offers a gross rental yield of 2.2%, rated as low yield. Property prices sit below the state median ($598K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.4x is considered stretched. House prices have moved -33.6% year-on-year.
Mount Marsden is a quiet locality in New South Wales within the Lithgow local government area (postcode 2849). With a population of 54, the suburb has a mature demographic with a median age of 52. Households earn a median income of $45K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount Marsden is $598,000, having dropped significantly 33.6% over the past year. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,600.
Public transport access includes 5 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Mount Marsden offers a gross rental yield of 2.2%, rated as low yield. Property prices sit below the state median ($598K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.4x is considered stretched. House prices have moved -33.6% year-on-year.