Mount Austin

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 8.06% growth over a ten-year period. It ranks 1179th 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.

MOUNT AUSTIN, 2650 has a capital gain of 5.63% for the past year, which is lower than average compared to its 92.28% growth within a five-year period.

With the median home price in MOUNT AUSTIN sitting at $485,888, and the average rent at $467.5, property owners could potentially earn a 5% increase in gross rental yield.

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

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$485,888	N/A
Growth Report
Median Quarterly	6.79%	N/A
Median 12 month	5.63%	N/A
Median 3 years	24.59%	N/A
Median 5 years	92.28%	N/A
10 years average annual	8.06%	N/A
Weekly media advert. rent	$468	N/A
Time on Market	40.6 days	N/A
Gross Rental Yield Percent	5%	N/A

Demographics (Median Values)*

Total Population 56974

Weekly Household Income 1349

Household Size 2.50

Average Age 36

Monthly Loan Repayment 1521

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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