Thinking about buying in Mount Olive? Now could not be a better time, with just 34 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,089,000 with prices in this suburb ranging from $415,000 to $2,349,000. The aproximate distance to the coast is 112 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Mount Olive Real Estate Market Outlook
In Mount Olive 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 Olive 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 Olive 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. 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
None within suburb boundary
(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 | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
| Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
| Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
| Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
| May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
| Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
| Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
| Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
| Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
| Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
| Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
| Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 06-09-2024 | $1,450,000 | 455 PHILLS FALLS RD |
| 25-07-2024 | $752,000 | 104 ARTIES RD |
| 21-07-2023 | $375,000 | 503 DREVES RD |
| 27-08-2020 | $950,000 | 394 MOUNT OLIVE RD |
| 14-07-2020 | $310,000 | 39 ARTIES RD |
| 28-05-2020 | $425,000 | 503 DREVES RD |
| 10-08-2018 | $700,000 | 394 MOUNT OLIVE RD |
| 24-05-2018 | $480,000 | 468 DREVES RD |
| 02-11-2016 | $812,500 | 92 ARTIES RD |
| 31-08-2016 | $800,000 | 524 DREVES RD |
| 17-11-2015 | $1,325,000 | 353 PHILLS FALLS RD |
| 11-11-2015 | $200,000 | 39 ARTIES RD |
| 08-10-2015 | $850,000 | 397 DREVES RD |
| 20-05-2014 | $350,000 | 136 ARTIES RD |
| 22-07-2011 | $605,000 | 92 ARTIES RD |
| 21-01-2011 | $1,150,000 | 200 MOUNT OLIVE RD |
| 13-11-2008 | $295,000 | 5 PHILLS FALLS RD |
| 19-08-2008 | $325,000 | 427 MOUNT OLIVE ROAD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Tarana - Less than 10 KM
Blackheath - Greater then 10KM
Top Points - Greater then 10KM
Medlow Bath - Greater then 10KM
Bell - Greater then 10KM
Rydal - Greater then 10KM
Lithgow - Greater then 10KM
Mount Victoria - Greater then 10KM
Zig Zag - Greater then 10KM
Clarence - Greater then 10KM
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