Thinking about buying in South Mount Cameron? Now could not be a better time, with just 15 residential dwellings it's a highly sought after location.
Distance to the coast is 10 Km.
In South Mount Cameron 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 South Mount Cameron 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. A mix of professions and above average income earners in South Mount Cameron provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in South Mount Cameron necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|Median Weekly Rent||$210.00|
|Median Monthly Mortgage||$520.00|
|Median Persons Per Bedroom||0.80|
|Average Household Size||2.00|
|Average Cars Per Dwelling||1.92|
|Average Properties Within 50M||1.00|
None within suburb boundary(While the above schools are located with the suburb of South Mount Cameron 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
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