Mount Austin, NSW 2650
Good to know:
Mount Austin is a residential suburb located in Wagga Wagga, New South Wales, with the postcode 2650. It is situated approximately 4 kilometres south-west of the Wagga Wagga central business district. The suburb is primarily residential, featuring a mix of public and private housing. It is home to several amenities, including parks, schools, and shopping facilities, which cater to the needs of its diverse community. Mount Austin High School is a notable landmark in the area. The suburb offers a relaxed lifestyle with the convenience of being close to Wagga Wagga's broader services and attractions.
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Mount Austin NSW 2650 sits at a typical house price of $577,709 with median rent of $481 per week and a gross yield of 4.33%. This Mount Austin NSW 2650 property market snapshot shows income-oriented fundamentals (yield above a common 3% benchmark) combined with tight listed supply and short days-on-market — but offset by a low IRSAD score (830) and stretched affordability (estimated 38 years), both of which temper longer‑term capital growth expectations for house prices in Mount Austin.
Property market outlook
Mount Austin houses: supply-side indicators are supportive. Stock on Market is low at 0.32% and Inventory sits at 1.82 months, both in the “opportune” range — this means established supply is tight, which is typically supportive of near-term price resilience. Building approvals are minimal (BA Ratio 0.06%), so incoming new supply is not a risk driver right now. Demand metrics are consistent with a market that trades relatively quickly: Days on Market is 31 days (opportune/high demand) and Discounting is aligned with faster selling. Vacancy is 1.67% (neutral) — rental demand exists but isn’t extreme. The renter/owner split at 45% is at the upper end of neutral, indicating a sizeable rental cohort. The socioeconomic indicator (IRSAD 830) is materially below the neutral threshold and signals downside risk to premium capital-growth outcomes. Affordability (38 years to own) is very stretched relative to the customary 30‑year benchmark and limits the buyer pool for owner-occupiers, which can blunt capital upside even where supply is tight.
Pros
- Yield (houses) 4.33%: above the common 3% minimum, providing credible income returns for buy‑and‑hold investors.
- Very low for-sale stock and months-of-supply (SoM% 0.32%, Inventory 1.82 months): established supply is tight, supportive of price stability.
- Low recent building approvals (BA Ratio 0.06%): limited near-term new-build competition.
- Fast selling: Days on Market 31 days indicates active transactional conditions and reasonable liquidity for houses.
- Units/Houses ratio 5% (opportune): market is house-dominant, simplifying acquisition choices for buyers targeting houses rather than competing with high-density stock.
- Data confidence: High — enough transaction activity to lend credibility to these metrics.
Cons
- IRSAD 830 (unfavourable): materially below the neutral threshold; a lower socioeconomic profile increases downside risk to capital growth and can correlate with higher tenant churn and management overheads.
- Affordability 38 years (very high): buyer affordability is stretched, constraining owner-occupier demand which often underpins stronger capital gains.
- Renter/Owner ratio 45% (neutral high side): significant renter contingent can add income stability but may also imply weaker owner-occupier-led price appreciation.
- Vacancy 1.67% (neutral): not a major concern, but it’s not a tight rental market; rental upside is present but modest.
- Clearance Rate 0.0% (reported neutral due to low auction activity): lack of auction data can obscure true market heat in comparative metrics.
Investment strategies
- Income-first, active management: Given yield at 4.33% and tight supply, Mount Austin houses suit investors prioritising rental yield and cashflow. Target conservative gearing and allow for higher management and maintenance budgets due to the lower IRSAD band.
- Value-add renovations: With lower socioeconomic metrics, selective interior upgrades (kitchen, bathrooms, security, energy efficiency) can materially improve rental appeal and reduce vacancy risk, pushing achievable rents higher and supporting capital value.
- Hold horizon and exit planning: Expect capital growth to be more modest and longer-dated. A 5–10 year hold horizon is prudent to capture cyclical improvements rather than seeking rapid resale gains.
- Tenant profile and property type selection: Focus on durable, low-maintenance houses that appeal to long-term tenants — families or workers — rather than luxury or speculative builds. The unit market is minimal (UH ratio 5%), so buyers agents should concentrate on house stock.
- Comparative shortlisting: Buyers agents should shortlist Mount Austin against neighbouring suburbs with higher IRSAD and better affordability for blended portfolios — use HTAG’s relative analysis to identify where income stability can be paired with stronger growth prospects.
- Development/infill caution: Low BA Ratio suggests limited new supply opportunities; small infill or subdivisional plays could exist but demand-side constraints (affordability) reduce speculative upside — perform micro-level feasibility assessments before committing.
Is Mount Austin NSW 2650 a good suburb to invest in?
Mount Austin NSW 2650 can be a good option for investors focused on rental income and cashflow rather than aggressive capital appreciation. Tight listed supply, short days-on-market and a healthy yield profile make houses in this suburb attractive for yield-centred strategies. However, the low IRSAD (830) and very high affordability years (38) are material considerations that reduce the likelihood of rapid or outsized capital growth. For investors or buyers agents seeking a balanced portfolio, Mount Austin houses are a fit as an income node, provided they are paired with higher-IRSAD growth markets elsewhere or selected with conservative risk management and an appropriate holding period.
About HtAG Analytics Data
Base metrics reported at suburb/dwelling-type level include: Typical Price, Median Rent, Sales, Rentals, Δ Change (periodic change), Gross Rental Yield, Capital Growth (and low/high bounds), Total RoI (Yield + Capital Growth), Rent Increase (projected pa), Volatility Index (MAPE-based), Confidence, and the Relative Composite Score™. Additional metrics (for example, school rank, non-residential approvals per capita, annual sales volume and distance to nearest CBD) are available on HTAG dashboards but are not exhaustively listed here.
HTAG’s metric methodology is designed to capture both current market conditions and historical trends to enable relative market analysis at the point-of-purchase level. That focus differentiates our outputs from providers who primarily surface public macro data for broader trend narratives; HTAG metrics are curated and measured with nuances intended to support transactional decision-making (so identical metric names across vendors may have different underlying treatments).
Note on interpretation: the snapshot above summarises current value metrics for Mount Austin houses but does not substitute a trend analysis — metric trajectories can change the investment outcome materially. Some metrics carry more weight depending on strategy (for example, yield is more important for cashflow investors; IRSAD and affordability matter more for long-term capital growth). Market selection always depends on individual budgets, borrowing capacity, risk appetite and exit/refinance timeframes. HTAG excels at shortlisting markets based on tailored criteria rather than one-size-fits-all rankings; serious investors and buyer’s agents should run relative comparisons across candidate suburbs aligned with their specific objectives.
Updated: 1 May 2026
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Quick Area Stats
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Market Trends
Essential metrics effectively streamline the process of identifying markets that match your financial situation and investment objectives. Typical Price, Indicative Yield and Total ROI provide a swift means to shortlist areas that resonate with what you’re seeking and can afford. These metrics also serve as valuable general trend indicators, allowing you to visualise transaction volumes and dynamics of change.
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The Growth Rate Cycle (GRC) is a metric used to analyse the year-on-year change in property values, providing insights into the growth cycle of a particular area. It uses the “typical price” metric to gauge property values more accurately than median prices, and includes both actual and projected data for the current year.
Fundamental metrics play a vital role in providing a comprehensive analysis of the socio-economic environment within a specific suburb or region. Additionally, the Return on Investment (ROI) and Volatility Index are crucial metrics that aid in evaluating the prospective profitability and the level of risk or stability in the market.
Socio-economics
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IRSAD
Renter to Owner
Units to Houses
Projections
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Projected Annual ROI
Volatility Index
Quick Area Stats
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Annual Sales Volume
Annual Rentals Volume
Stock on Market
Building Approvals
Inventory
Hold Period
Supply metrics are crucial in gauging both the existing volumes of real estate listed for sale and the properties anticipated to enter the market soon. A diminished supply could signal opportunities for price appreciation, particularly when there’s corresponding buyer demand to buoy the market. The Stock on Market and Inventory level metrics (current values) are presented as a 3-month rolling average of monthly data shown in the charts. This means the last 3 months of data are averaged. The BA Ratio represents the proportion of building approvals over the latest 12 months relative to the total dwellings in the area.
Days on Market
Search Index
Vacancy Rate
Clearance Rate
Demand metrics underscore the level of interest that potential property buyers or tenants have in a specific suburb or locality. When demand outstrips the available supply, or if the supply fails to meet the intensity of buyer/renter interest, there’s a potential for prices to climb, underscoring the pivotal relationship between demand dynamics and property value trends. The Days on Market and Clearance Rate metrics (current values) are presented as a 3-month rolling average of monthly data shown in the charts. This means the last 3 months of data are averaged.
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The total adult population (15 years or older) of Mount Austin 2650 NSW is 3,204, with a median age of 37. Of those, 32.43% are married, 15.39% are divorced or separated, 42.92% are single and 9.14% are widowed.
The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $5,728. The median monthly mortgage repayment for households in this suburb is $1,148 which is 20.04% of their earnings.
Source: ABS Census Data (2021)