Mount Mary, situated in the Mid Murray region of South Australia, has a housing market that reflects its unique blend of rural charm and historical significance. As a small, peaceful locality, Mount Mary offers a variety of housing options, ranging from quaint cottages to more modern farm-style homes. The town’s real estate market is characterized by relatively affordable property prices compared to urban centers, making it an attractive option for individuals seeking a quieter lifestyle or investors looking for countryside properties. With its rich history, the area boasts several heritage structures, adding to the distinct appeal of the housing landscape.
Living in Mount Mary provides residents with a serene and tight-knit community atmosphere. The town's small population fosters a sense of camaraderie among its inhabitants, with regular community events and activities. This rural setting also offers an abundance of natural beauty, with open landscapes, rolling hills, and proximity to the Murray River, providing opportunities for outdoor activities like hiking and fishing. Although amenities within the town might be limited, larger towns within the Mid Murray region are easily accessible, ensuring that residents have access to necessary services and entertainment. Overall, Mount Mary offers a tranquil lifestyle steeped in nature and community spirit, appealing to those who value peace and a sense of belonging.
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Thinking about buying in Mount Mary? Now could not be a better time, with just 140 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $393,000 with prices in this suburb ranging from $151,000 to $557,000. The aproximate distance to the coast is 102 Km.
In Mount Mary 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 Mary 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. Low average earnings from people in Mount Mary leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Mount Mary necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Mount Mary 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.
Instant Property ValuationLot 22 East Terrace, Mount Mary, SA, 5374 | 1 | 1 | 1 | 140000 |
None within suburb boundary
(While the above schools are located with the suburb of Mount Mary there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.4 | 14.6 | 30.8 | 23.7 | 78.4 | 4.0 | 25.8 |
Feb | 0.6 | 13.7 | 28.6 | 28.4 | 83.5 | 3.9 | 23.0 |
Mar | 0.4 | 12.5 | 26.8 | 30.1 | 85.2 | 3.8 | 18 |
Apr | 1.0 | 9.3 | 23 | 34.8 | 90.4 | 3.4 | 13.5 |
May | 1.2 | 6.3 | 17.1 | 48.9 | 94.7 | 3.4 | 9.9 |
Jun | 1.7 | 4.5 | 14.4 | 60.1 | 97.6 | 3.4 | 8.8 |
Jul | 2.1 | 4.9 | 14.1 | 60.1 | 96.9 | 4.2 | 9.5 |
Aug | 2.2 | 4.5 | 14.5 | 55.3 | 96.2 | 4.2 | 11.8 |
Sept | 1.8 | 5.9 | 17.5 | 44.6 | 93.0 | 4.4 | 15.5 |
Oct | 1.0 | 8.5 | 22.1 | 34.5 | 90.4 | 4.5 | 19.9 |
Nov | 0.8 | 9.3 | 25.2 | 27.2 | 89.4 | 4.3 | 24.2 |
Dec | 0.4 | 12.7 | 28.9 | 23.5 | 82.6 | 4.3 | 26.0 |
source: Australian Government Bureau of Meteorology
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