Mount Riverview is a smaller suburb in New South Wales within the Blue Mountains local government area (postcode 2774). With a population of 3,074, the suburb has an established demographic with a median age of 40. Households earn a median income of $117K 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 English, Australian, Irish.
The median house price in Mount Riverview is $228,000, having dropped significantly 79.5% over the past year. Units have a median price of $960,000 (+15.8% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 16.2%. The median monthly mortgage repayment is $2,383.
Mount Riverview is served by 1 school, including 1 primary. The average ICSEA score is 1050, which is above the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Blue Mountains LGA is low at 1,829 incidents per 100,000 population.
From an investment perspective, Mount Riverview offers a gross rental yield of 16.2%, rated as high yield. Property prices sit below the state median ($228K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.0x is considered affordable. House prices have moved -79.5% year-on-year.
Mount Riverview is a smaller suburb in New South Wales within the Blue Mountains local government area (postcode 2774). With a population of 3,074, the suburb has an established demographic with a median age of 40. Households earn a median income of $117K 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 English, Australian, Irish.
The median house price in Mount Riverview is $228,000, having dropped significantly 79.5% over the past year. Units have a median price of $960,000 (+15.8% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 16.2%. The median monthly mortgage repayment is $2,383.
Mount Riverview is served by 1 school, including 1 primary. The average ICSEA score is 1050, which is above the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Blue Mountains LGA is low at 1,829 incidents per 100,000 population.
From an investment perspective, Mount Riverview offers a gross rental yield of 16.2%, rated as high yield. Property prices sit below the state median ($228K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.0x is considered affordable. House prices have moved -79.5% year-on-year.