Mount Ousley is a small community in New South Wales within the Wollongong local government area (postcode 2519). With a population of 1,611, the suburb has an established demographic with a median age of 42. Households earn a median income of $119K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount Ousley is $1.2 million, having grown strongly 8.8% over the past year. Units have a median price of $1.1 million (+59.7% YoY). The current median weekly rent is $842. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,450.
Mount Ousley is served by 1 school, including 1 combined. The average ICSEA score is 1108, which is well above the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Mount Ousley offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.1x is considered stretched. House prices have moved +8.8% year-on-year.
Mount Ousley is a small community in New South Wales within the Wollongong local government area (postcode 2519). With a population of 1,611, the suburb has an established demographic with a median age of 42. Households earn a median income of $119K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount Ousley is $1.2 million, having grown strongly 8.8% over the past year. Units have a median price of $1.1 million (+59.7% YoY). The current median weekly rent is $842. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,450.
Mount Ousley is served by 1 school, including 1 combined. The average ICSEA score is 1108, which is well above the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Mount Ousley offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.1x is considered stretched. House prices have moved +8.8% year-on-year.