Located in New South Wales within the Wingecarribee local government area, Mount Murray is a quiet locality (postcode 2577). With a population of 53, the suburb has a more retirement-aged population with a median age of 57. Households earn a median income of $110K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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 technicians & trades, professionals, managers. Employment in the area leans toward retail trade and healthcare. The top ancestries reported are Australian, English, Scottish.
Median house prices in Mount Murray sit at $850,000, little changed on a year ago. The current median weekly rent is $690. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,556.
The crime rate in the Wingecarribee LGA is low at 1,470 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.2% (moderate yield). Property prices sit below the state median ($850K/$1.5M), which can point to relative value. The price-to-income ratio of 7.7x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.