Located in South Australia within the Adelaide Hills local government area, Mount George is a small, quiet locality (postcode 5155). With a population of 276, the suburb has a mature demographic with a median age of 53. Households earn a median income of $126K 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. SA employment has moved +1.6% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. SA also had 21 Commonwealth-backed major projects under construction, 7 underway, and 7 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Scottish.
Median house prices in Mount George stand at $923,000, having declined by 7% over the last twelve months. The median weekly rent is $210 (Census 2021). This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,263.
Public transport access includes 4 bus stops. The crime rate in the Adelaide Hills LGA is low at 1,449 incidents per 100,000 population.
From an investment perspective, Mount George shows a gross rental yield of approximately 1.2%, rated as low yield. Property prices are near the state median ($923K/$980K). The price-to-income ratio of 7.3x is considered moderate. House prices have moved -7.0% 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.