Thinking about buying in Mount Russell? Now could not be a better time, with just 72 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $900,000 with prices in this suburb ranging from $88,000 to $1,662,000. The aproximate distance to the coast is 216 Km.
| Median Weekly Rent | $250.00 |
| Median Monthly Mortgage | $1495.00 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 3.00 |
| Average Age | 46.00 |
| Average Income | $692.00 |
| Average Cars Per Dwelling | 2.52 |
| Average Properties Within 50M | 1 |
| 2 Bed $917,000 |
| 3 Bed $904,000 |
| 4 Bed $893,000 |
| 5 Bed $917,000 |
In Mount Russell 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 Mount Russell 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 Mount Russell 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 Mount Russell 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.
None within suburb boundary
(While the above schools are located with the suburb of Mount Russell there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
| Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
| Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
| Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
| May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
| Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
| Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
| Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
| Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
| Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
| Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
| Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
| 19-12-2022 | $525,000 | 812 MOUNT RUSSELL RD |
| 10-05-2021 | $550,000 | 1036 ROB ROY RD |
| 18-03-2021 | $515,000 | 725 ROB ROY RD |
| 05-03-2021 | $1,175,000 | 1023 MOUNT RUSSELL RD |
| 01-02-2021 | $640,000 | 959 OAKWOOD RD |
| 15-12-2020 | $400,000 | 310 BURTS LANE |
| 16-06-2020 | $65,000 | 636 MOUNT RUSSELL RD |
| 22-05-2020 | $1,000,000 | 711 MOUNT RUSSELL RD |
| 21-03-2019 | $188,000 | 8 CASTLE ST |
| 15-02-2019 | $890,000 | 40 HILLS LANE |
| 08-11-2018 | $685,000 | 4 CASTLE ST |
| 03-09-2018 | $700,000 | 198 MORELMA RD |
| 28-08-2018 | $770,000 | 347 MOUNT RUSSELL RD |
| 27-07-2018 | $275,000 | 561 MOUNT RUSSELL RD |
| 10-05-2018 | $725,000 | 248 MOUNT RUSSELL RD |
| 09-05-2018 | $900,000 | 47 BURTS LANE |
| 10-04-2018 | $570,000 | 52 ROSELEA RD |
| 02-02-2018 | $875,000 | 805 MOUNT RUSSELL RD |
| 23-06-2017 | $830,000 | 711 MOUNT RUSSELL RD |
| 02-06-2017 | $60,000 | 1442 OAKWOOD RD |
| 31-03-2017 | $545,000 | 962 OAKWOOD RD |
| 11-11-2016 | $750,000 | 805 MOUNT RUSSELL RD |
| 18-10-2016 | $198,500 | 812 MOUNT RUSSELL RD |
| 01-07-2016 | $330,000 | 725 ROB ROY RD |
| 01-12-2015 | $410,000 | 4 CASTLE ST |
| 01-10-2015 | $740,000 | 40 HILLS LANE |
| 13-08-2015 | $522,000 | 52 ROSELEA RD |
| 18-06-2015 | $220,000 | 485 MOUNT RUSSELL RD |
| 19-04-2013 | $190,000 | 15 CASTLE ST |
| 12-07-2012 | $615,000 | 711 MOUNT RUSSELL RD |
| 22-12-2011 | $200,000 | 8 GUNNEE RD |
| 04-11-2011 | $150,000 | 8 CASTLE ST |
| 10-06-2010 | $475,000 | 52 ROSELEA RD |
| 28-05-2009 | $405,000 | 88 BURTS LANE |
| 10-05-2007 | $232,000 | 561 MOUNT RUSSELL RD |
| 27-04-2007 | $615,000 | 40 HILLS LANE |
| 09-10-2006 | $115,000 | 812 MOUNT RUSSELL RD |
| 21-04-2006 | $300,000 | 248 MAHERS LANE |
| 29-10-2004 | $128,000 | 15 CASTLE ST |
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