Thinking about buying in Doctor George Mountain? Now could not be a better time, with just 33 residential dwellings it's a highly sought after location.
Distance to the coast is 7 Km.
In Doctor George Mountain there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Doctor George Mountain is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Doctor George Mountain leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Doctor George Mountain the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
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|Average Properties Within 50M||1.00|
None within suburb boundary(While the above schools are located with the suburb of Doctor George Mountain there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
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source: Australian Government Bureau of Meteorology
|24-01-2023||$1,715,000||62 MURRAYS FLAT RD DOCTOR GEORGE MOUNTAIN 2550|
|07-12-2018||$266,000||970 DOCTOR GEORGE MOUNTAIN RD DOCTOR GEORGE MOUNTAIN 2550|
|11-09-2017||$548,000||26 BELLS PL DOCTOR GEORGE MOUNTAIN 2550|
|15-08-2017||$213,333||1047 DOCTOR GEORGE MOUNTAIN RD DOCTOR GEORGE MOUNTAIN 2550|
|18-09-2013||$600,000||130 ABRAMS RD DOCTOR GEORGE MOUNTAIN 2550|
|05-08-2009||$445,000||162 MURRAYS FLAT RD ANGLEDALE 2550|
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