Question 1

Is Mount Compass a nice place to live?

Accepted Answer

Mount Compass is a small agricultural town on the Fleurieu Peninsula hinterland, sitting beneath the modest peak that gives it its name. It acts as a service centre for surrounding farms and has a compact township of shops, community facilities and sporting clubs. The landscape is rolling farmland with pockets of native bush, and housing ranges from older country cottages to modern family homes and larger rural blocks. The suburb suits people wanting a quieter country pace while remaining within easy reach of coastal towns such as Victor Harbor and nearby regional centres.

The community numbers 1,580 people with a median age of 40 and a median household income of $1,655 a week. Families are dominated by couples, together making up almost nine in ten families, and most homes are owner-occupied (29.4% owned outright and 59.0% with a mortgage). Everyday services include Mount Compass Area School and the Mount Compass Medical Centre. Recent local activity includes a completed federally funded Black Spot upgrade on Mount Compass–Goolwa Road, and council has considered but not accepted an EOI for an RV park while exploring a reduced-scale option; it has also consulted on renewing the dirt-jump facility and adding a public toilet at the recreation park.

Question 2

Is it expensive to live in Mount Compass?

Accepted Answer

There haven't been enough recent sales or rentals in Mount Compass to publish reliable house or unit price and rent figures. With only the suburb's median total household income from the most recent Census available, it's not possible to describe how expensive it is to live here compared with local incomes.

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 Compass a good place to invest?

Accepted Answer

House values in Mount Compass rose 3.5% over the past 12 months, a modest increase in what houses are worth. That percentage reflects the capital growth side of the market, so it’s the figure to note if capital gains are your investment focus.

There isn't enough recent data here to comment on unit values or rents, so this read is limited to house capital growth. Whether that movement fits your investment goals depends on your objectives and circumstances.

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	N/A	N/A
Change in value Past 12 months	3.5%	N/A
Sold Past 3 months	6	N/A
Median days on market Past 12 months	82	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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