Mount Pleasant is a small community in New South Wales within the Wollongong local government area (postcode 2519). With a population of 1,397, the suburb has an established demographic with a median age of 40. Households earn a median income of $149K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Mount Pleasant is $1.4 million, having dropped significantly 8.4% over the past year. Units have a median price of $1.2 million (-8.2% YoY). The current median weekly rent is $842. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,600.
Mount Pleasant is served by 1 school, including 1 primary. The average ICSEA score is 1126, which is well above the national average of 1,000. Public transport access includes 14 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 Pleasant offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.2x is considered moderate. House prices have moved -8.4% year-on-year.
Mount Pleasant is a small community in New South Wales within the Wollongong local government area (postcode 2519). With a population of 1,397, the suburb has an established demographic with a median age of 40. Households earn a median income of $149K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Mount Pleasant is $1.4 million, having dropped significantly 8.4% over the past year. Units have a median price of $1.2 million (-8.2% YoY). The current median weekly rent is $842. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,600.
Mount Pleasant is served by 1 school, including 1 primary. The average ICSEA score is 1126, which is well above the national average of 1,000. Public transport access includes 14 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 Pleasant offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.2x is considered moderate. House prices have moved -8.4% year-on-year.