Mount Marsden (postcode 2849) is a sparsely populated locality in New South Wales within the Lithgow local government area. The area has roughly 54 residents and 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.5% 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, technicians & trades, managers. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are Australian, English, Scottish.
Median house prices in Mount Marsden sit at $1.6 million, little changed on a year ago. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 0.8%. 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 4,772 incidents per 100,000 population.
From an investment perspective, Mount Marsden shows a gross rental yield of approximately 0.8%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 36.3x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of -0.5% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.