Mountain Creek is a quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2644). With a population of 65, the suburb has a mature demographic with a median age of 50. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Mountain Creek is $7.0 million, having surged 357.5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 0.3%.
Public transport access includes 8 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Mountain Creek offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($7.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 97.9x is considered stretched. House prices have moved +357.5% year-on-year.
Mountain Creek is a quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2644). With a population of 65, the suburb has a mature demographic with a median age of 50. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Mountain Creek is $7.0 million, having surged 357.5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 0.3%.
Public transport access includes 8 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Mountain Creek offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($7.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 97.9x is considered stretched. House prices have moved +357.5% year-on-year.