Mount Victoria is a small community in New South Wales within the Blue Mountains local government area (postcode 2786). With a population of 945, the suburb has a mature demographic with a median age of 49. Households earn a median income of $62K 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, community & personal service, managers. Employment in the area leans toward education and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Mount Victoria is $796,000, having risen steeply by 17.6% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,625.
Mount Victoria is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 1 rail station, 12 bus stops. The crime rate in the Blue Mountains LGA is low at 1,840 incidents per 100,000 population.
Looking at the investment signals, Mount Victoria shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices sit below the state median ($796K/$1.5M), which can point to relative value. The price-to-income ratio of 12.8x is considered stretched. House prices have moved +17.6% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.