AREA REPORTS

Mount Austin

 

 

NSW/
Mount austin

Suburb Profile

Mount Austin - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2650

house

Based on its average 5-year and quarterly capital gains MOUNT AUSTIN, 2650 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that MOUNT AUSTIN, 2650 obtained a 1.83% growth over a ten-year period. It ranks 3303rd on our list of suburbs that property investors should look into.

MOUNT AUSTIN, 2650 in NSW belongs to the local government area of Wagga Wagga (C).

MOUNT AUSTIN, 2650 has a capital gain of 0.84% for the past year, which is lower than average compared to its 9.55% growth within a five-year period.

With the median home price in MOUNT AUSTIN sitting at $241,000, and the average rent at $292.5, property owners could potentially earn a 6.31% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in MOUNT AUSTIN are high, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $241,000 N/A
GROWTH REPORT
Median Quarterly 2.99% N/A
Median 12 month 0.84% N/A
Median 3 years 3.88% N/A
Median 5 years 9.55% N/A
10 years average annual 1.83% N/A
Weekly media advert. rent $292.5 N/A
Time on Market 102.3 days N/A
Gross Rental Yield Percent 6.31% N/A
demographics (median values)
Total Population
4162
Weekly Household Income
662.1
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Big four banks

Popular lenders issue spate of rate cuts

Facing the prospect of an official rate cut soon, the major banks have been cutting their home loan rates out of cycle. Which of the popular...

RBA

Predictions for the official cash rate as fresh data released

An update to the consumer price index for the March quarter saw it hold steady and not move at all – which means a May rate cut could be ...

Aerial of suburbs

Push for 'long overdue' property minister ramps up

One industry body has continued its calls to establish a dedicated property services commissioner and take away property powers from the NSW...

Sydney

Sydney infrastructure spending ‘mishmash’ cops heat

Fresh research has found that the system for determining infrastructure charges is “poor” and needs to be reworked. ...

Bill Shorten

Federal election 2019: Labor’s negative gearing, tax reforms explained

Depending on who wins the May 2019 federal elections, property investors could be facing major changes in policies. Smart Property Investmen...

Aerial shot of suburbs

Current negative gearing policy v Labor’s negative gearing policy

Negative gearing has long been popular as a tax minimisation strategy, allowing investors to offset losses incurred against their taxable in...