Mourquong is a quiet locality in New South Wales within the Wentworth local government area (postcode 2739). The area has roughly 75 residents and an established family demographic, with a median age of 42. Households earn a median income of $85K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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 managers, machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Italian.
The median house price in Mourquong is $275,000, broadly unchanged over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 6.6%. The median monthly mortgage repayment is $1,667.
Public transport access includes 2 bus stops. The crime rate in the Wentworth LGA is moderate at 5,905 incidents per 100,000 population.
Looking at the investment signals, Mourquong shows a gross rental yield of approximately 6.6%, rated as high yield. Property prices sit below the state median ($275K/$1.5M), which can point to relative value. The price-to-income ratio of 3.3x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.