Mourquong is a quiet locality in New South Wales within the Wentworth local government area (postcode 2739). With a population of 75, the suburb has an established 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. 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 $1.5 million, having dropped significantly 41.8% over the past year. The current median weekly rent is $288. This gives a gross rental yield of approximately 1.0%. 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 5,817 incidents per 100,000 population.
From an investment perspective, Mourquong offers a gross rental yield of 1.0%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 17.4x is considered stretched. House prices have moved -41.8% year-on-year.
Mourquong is a quiet locality in New South Wales within the Wentworth local government area (postcode 2739). With a population of 75, the suburb has an established 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. 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 $1.5 million, having dropped significantly 41.8% over the past year. The current median weekly rent is $288. This gives a gross rental yield of approximately 1.0%. 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 5,817 incidents per 100,000 population.
From an investment perspective, Mourquong offers a gross rental yield of 1.0%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 17.4x is considered stretched. House prices have moved -41.8% year-on-year.