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Suburb Insights ยท NSW 2178

Mount Vernon 2178, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mount Vernon is an outer-metropolitan suburb of Sydney, Australia, with a population of approximately 1,235, making it a boutique locality. Located approximately 37 km from the Sydney CBD, Mount Vernon is a outer metro area in New South Wales. The median household income is $165,204 AUD per year (ABS 2021 Census).

Investment Score

59 / 100 Moderate

Strong household incomes in Mount Vernon underpin solid property demand. Greater distance from the CBD may temper short-term capital growth.

Location

Map shows Mount Vernon, New South Wales, Australia.

Key Indicators

Postcode
2178

Official Australia Post postcode for Mount Vernon. A postcode may cover multiple suburbs.

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Population
1,235

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$495/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$165,204/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
37 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$3,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
96% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Mount Vernon's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $495/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $3,000/month. A median household income of $165,204/year supports premium property values and indicates a well-employed resident base. 96% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Mount Vernon could work well with careful property selection and a longer time horizon.

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Rental Yield

Mount Vernon's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

Limited buyer depth in Mount Vernon makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

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Full Property Analysis

30-year projections for Mount Vernon

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Growth in Mount Vernon through 2026 will likely be steady rather than spectacular, tracking the wider market. Tenants in Mount Vernon have options โ€” presenting well-maintained properties is key to minimising vacancy. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Mount Vernon a good suburb for investment?

Mount Vernon is a outer metro area in New South Wales with a population of 1,235. The median rent is $495/week and the median household income is $165,204/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Mount Vernon?

Key demand drivers in Mount Vernon include affordability relative to inner suburbs and expanding infrastructure. 96% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Mount Vernon?

According to the ABS 2021 Census, Mount Vernon has a population of approximately 1,235. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mount Vernon from the Sydney CBD?

Mount Vernon is approximately 37 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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