Mount George is a quiet locality in South Australia within the Adelaide Hills local government area (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. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Mount George is $923,000, having dropped significantly 12.1% over the past year. 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 offers a gross rental yield of 1.2%, rated as low yield. Property prices are near the state median ($923K/$950K). The price-to-income ratio of 7.3x is considered moderate. House prices have moved -12.1% year-on-year.
Mount George is a quiet locality in South Australia within the Adelaide Hills local government area (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. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Mount George is $923,000, having dropped significantly 12.1% over the past year. 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 offers a gross rental yield of 1.2%, rated as low yield. Property prices are near the state median ($923K/$950K). The price-to-income ratio of 7.3x is considered moderate. House prices have moved -12.1% year-on-year.