Mount View is a quiet locality in New South Wales within the Cessnock local government area (postcode 2325). With a population of 114, the suburb has a mature demographic with a median age of 49. Households earn a median income of $114K per year, with an average household size of 2.5 people. The most common occupations are managers, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount View is $1.7 million, having dropped significantly 23.2% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,659.
The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Mount View offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 15.1x is considered stretched. House prices have moved -23.2% year-on-year.
Mount View is a quiet locality in New South Wales within the Cessnock local government area (postcode 2325). With a population of 114, the suburb has a mature demographic with a median age of 49. Households earn a median income of $114K per year, with an average household size of 2.5 people. The most common occupations are managers, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount View is $1.7 million, having dropped significantly 23.2% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,659.
The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Mount View offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 15.1x is considered stretched. House prices have moved -23.2% year-on-year.