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All About Mount Rivers, Dungog, NSW, 2311

Household Makeup

Median Weekly Rent $221.67
Median Monthly Mortgage $2225.00
Median Persons Per bed houseroom 0.80
Average Household Size 2.67
Average Age 46.67
Average Income $744.67
Average Cars Per Dwelling 2.49
Average Properties Within 50M 1
Typical 3 bed house$1,238,000
Typical 4 bed house$947,000
Typical 5 bed house$4,291,000

Housing Stock

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Mount Rivers Real Estate Market Outlook

Thinking about buying in Mount Rivers? Now could not be a better time, with just 45 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,539,000 with prices in this suburb ranging from $117,000 to $6,457,000. The aproximate distance to the coast is 51 Km.

In Mount Rivers 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 Rivers 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. The slightly lower than average earnings from occupations in Mount Rivers changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Rivers 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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Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Mount Rivers there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Mount Rivers weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.018.930.148.193.64.624.5
Feb3.318.628.352.794.54.220.7
Mar5.117.426.854.2954.116.6
Apr4.413.724.551.695.83.614.4
May2.610.021.049.393.84.011.3
Jun4.88.718.254.494.24.39.5
Jul2.36.818.346.191.94.510.8
Aug1.86.819.838.591.64.513.7
Sept2.09.423.037.092.54.318.2
Oct2.412.224.841.593.04.421.3
Nov2.515.526.946.893.74.424
Dec2.517.328.247.893.34.624.8

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

20-12-2021 $450,000 182 Cross Keys Road
08-02-2021 $841,000 1119 Paterson River Road
09-10-2020 $88,000 1422 Paterson River Road
17-07-2020 $850,000 1425 Paterson River Road
30-06-2020 $1,184,280 1022 Paterson River Road
14-12-2017 $1,060,000 341 Cross Keys Road
24-04-2017 $330,000 1111 Paterson River Road
01-11-2016 $900,000 1550 Paterson River Road
17-06-2016 $700,000 1501 Paterson River Road
22-12-2014 $295,000 910 Paterson River Road
27-10-2014 $2,100,000 38 Lawrences Road
13-11-2008 $950,000 436 Cross Keys Road
12-07-2006 $1,035,000 341 Cross Keys Road
16-02-2005 $72,500 1427 Paterson River Road

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Nearby Suburbs

GresfordLostockAllynbrookEast GresfordMirannieHaltonEcclestonSummer HillSummer HillSummer Hill

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