Question 1

Is Mount Austin a nice place to live?

Accepted Answer

Mount Austin is an established residential suburb of Wagga Wagga with modest single-storey brick and weatherboard homes on level, tree-lined streets. It appeals to long-time residents, young families and downsizers who prefer low-maintenance living. The community numbers 4,035 people and has a median age of 37, with a median total household income of $1,124 a week (roughly $58,448 a year). Families feature strongly, with couple families with and without children together making up just over two-thirds of all families.

Daily life in Mount Austin centres on school catchments, parks and grassroots community activity rather than nightlife or major retail hubs. There is local shopping, neighbourhood parks and sporting grounds, plus regular buses and straightforward road links to Wagga Wagga. Local upgrades are under way or planned for sporting amenities at Harris Park, footpaths and shared paths, pedestrian-safety works and school facilities, which add practical benefits to day-to-day living. Whether that suits you depends on what you are looking for in a suburb.

Question 2

Is it expensive to live in Mount Austin?

Accepted Answer

A median house price of $607,000 in Mount Austin works out to about 10.4 times a typical local household's annual income as recorded at the last Census, which puts buying a house well above local incomes on these figures.

Renting a house at about $490 a week would take roughly 43.6% of a typical local household's weekly income at the last Census, a large share. For people weighing their options, the rent share is the relevant number if you plan to rent and the price multiple is the key measure if you plan to buy; whether those figures feel expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Mount Austin a good place to invest?

Accepted Answer

House values in Mount Austin rose 21.9% over the past 12 months, a strong increase. Over the same period, house rents increased 8.9%, a solid gain.

For someone weighing Mount Austin as an investment, the change in value indicates capital growth over the year while the rent movement shows how rental income changed; on the house side this year capital growth outpaced rent growth. Whether that balance suits your goals and circumstances is for you to consider.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$607K	N/A
Change in value Past 12 months	21.9%	N/A
Sold Past 3 months	15	N/A
Median days on market Past 12 months	19	N/A
Average rent Past 12 months	$490	N/A
Change in rent Past 12 months	8.9%	N/A

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