Thinking about buying in Mount George? Now could not be a better time, with just 167 residential dwellings it's a highly sought after location.
The average property price for this area is $2,733,000 with prices in this suburb ranging from $2,549,000 to $3,287,000.Distance to the coast is 21 Km.
Consistent high demand relative to supply is a key feature in Mount George driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mount George ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mount George classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mount George requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
|Median Weekly Rent||$374.00|
|Median Monthly Mortgage||$2050.00|
|Median Persons Per Bedroom||0.79|
|Average Household Size||3.00|
|Average Cars Per Dwelling||2.18|
|Average Properties Within 50M||2|
|5 Bed $2,733,000|
|330 RANGEVIEW DR, MOUNT GEORGE, SA, 5155||4||2||Price undisclosed|
Bridgewater Primary School
Stirling East Primary School
The Hills Christian Community School
The Hills Montessori School
Aldgate Primary School(While the above schools are located with the suburb of Mount George there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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