Question 1

Is Mount Ousley a nice place to live?

Accepted Answer

Mount Ousley is an elevated, residential suburb on the Illawarra escarpment with steep, tree-lined streets, native bushland pockets and regular outlooks over Wollongong and the coast. Housing is mostly detached homes on sloping blocks, many with leafy gardens and long views. It sits beside Mount Ousley Road and the Princes Motorway, so commuting and access to the city are straightforward, and the University of Wollongong and hospital precincts are nearby. The area attracts families and professionals who want quieter, bushy surroundings while still using shops and services in Figtree and Wollongong.

With 1,611 residents and a median age of 42, Mount Ousley is mainly owner-occupied (85.4%) and weighted towards couple families with children. Major transport works at the Mount Ousley interchange are underway to improve connections and add a shared path and pedestrian bridge, and Transport for NSW is planning wider cycle and pedestrian links to the university and nearby TAFE. Whether it suits you will come down to how much you value elevated, leafy streets, detached homes and close access to the university and hospital precincts.

Question 2

Is it expensive to live in Mount Ousley?

Accepted Answer

There haven't been enough recent sales or rentals in Mount Ousley to publish reliable house or unit prices and rents. Without those figures, there isn't a clear picture of how expensive it is to live here compared with the typical local household income recorded at the most recent Census.

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 Ousley a good place to invest?

Accepted Answer

House values in Mount Ousley increased 2.1% over the past 12 months. That 2.1% is a modest rise in what houses are worth, so if capital growth is the feature you care about, that is the movement to consider; whether it fits your goals and circumstances is for you to weigh up.

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	2.1%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	23	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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