The size of Mount Observation is approximately 8.2 square kilometres. It has 2 parks. The population of Mount Observation in 2006 was 311 people. By 2011 the population was 282 showing a population decline of 9.3% in the area during that time. The predominant age group in Mount Observation is 40-49 years. Households in Mount Observation are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Observation work in a managers occupation. In 2006, 87% of the homes in Mount Observation were owner-occupied compared with 81.5% in 2011..
Mount Observation has 23 properties. Over the last 5 years, Houses in Mount Observation have seen a 47.81% increase in median value. As at 28 February 2025:
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