Thinking about buying in Mount Olive? Now could not be a better time, with just 103 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,172,000 with prices in this suburb ranging from $740,000 to $1,902,000. The aproximate distance to the coast is 64 Km.
Household Makeup
| Median Weekly Rent | $203.50 |
| Median Monthly Mortgage | $2432.50 |
| Median Persons Per Bedroom | 0.85 |
| Average Household Size | 3.00 |
| Average Age | 43.50 |
| Average Income | $804.50 |
| Average Cars Per Dwelling | 2.44 |
| Average Properties Within 50M | 3 |
Housing Stock
Average Property Prices
| 3 Bed $740,000 |
Mount Olive Real Estate Market Outlook
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mount Olive due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Mount Olive changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Mount Olive 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.
Local Schools
Mount Pleasant Public School
(While the above schools are located with the suburb of Mount Olive there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Mount Olive weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
| Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
| Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
| Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
| May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
| Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
| Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
| Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
| Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
| Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
| Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
| Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 30-09-2024 | $1,650,000 | 41 MILLER RD |
| 14-06-2024 | $1,920,000 | 100 CARROWBROOK RD |
| 28-10-2022 | $1,000,000 | 24 OLD CARROWBROOK RD |
| 10-02-2022 | $443,000 | 35 JUDAN RD |
| 12-10-2021 | $540,000 | 1572 BRIDGMAN RD |
| 27-11-2020 | $1,350,000 | 56 CARROWBROOK RD |
| 21-11-2019 | $645,000 | 85 OLD CARROWBROOK RD |
| 05-07-2019 | $880,000 | 216 JUDAN RD |
| 05-07-2019 | $850,000 | 41 MILLER RD |
| 15-08-2018 | $800,000 | 121 JUDAN RD |
| 27-06-2018 | $900,000 | 138 GEARYS CROSSING RD |
| 18-08-2017 | $935,000 | 200 GEARYS CROSSING RD |
| 10-06-2016 | $635,000 | 101 CARROWBROOK RD |
| 06-03-2015 | $525,000 | 188 JUDAN RD |
| 19-08-2014 | $440,000 | 168 CARROWBROOK RD |
| 05-04-2012 | $275,000 | 540 CARROWBROOK RD |
| 23-08-2011 | $760,000 | 41 MILLER RD |
| 21-04-2011 | $535,780 | 97 CARROWBROOK RD |
| 26-07-2010 | $770,000 | 219 CARROWBROOK RD |
| 16-07-2010 | $635,000 | 97 JUDAN RD |
| 04-06-2010 | $530,000 | 1266 BRIDGMAN RD |
| 28-04-2010 | $620,000 | 417 CARROWBROOK RD |
| 11-12-2009 | $625,000 | 101 CARROWBROOK RD |
| 27-03-2008 | $532,000 | 97 JUDAN RD |
| 19-06-2007 | $425,000 | 188 JUDAN RD |
| 10-04-2006 | $710,000 | 3 OLD CARROWBROOK RD |
| 30-11-2005 | $415,000 | 24 OLD CARROWBROOK RD |
| 18-03-2005 | $430,000 | 1572 BRIDGMAN RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Muswellbrook - Greater then 10KM
Singleton - Greater then 10KM
Greta - Greater then 10KM
Branxton - Greater then 10KM
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