Suburb Profile Report for Mallabula NSW (2319)

Mallabula House: Median price $369,000, Annual capital growth 7.09%, Number of sales 23, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

At number 579th in the list of Australian suburbs ordered by increase in median house value over the last year, Mallabula, 2319 is in the top 20% with a property value increase of 13.54% recorded in median house prices.

Over the longer term, Mallabula has seen property prices show investors a 27.24% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Mallabula 2319 should be seeing an average reduction in asking price of around -4.06% . This means that Mallabula is holding prices well when compared to other suburbs in NSW.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 5.50%, without taking into account capital value appreciation, which has been averaging out at 7.09%.

HOUSE UNIT
$369,000 N/A
6.34% N/A
13.54% N/A
7.09% N/A
$390 N/A
23 N/A
5.50% N/A
73.1 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 850
Median household income ($/weekly) 927
Median age of persons 43
Median housing loan repayment ($/monthly) 1344
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 102 12.0
    35-44 years 90 10.6
    45-54 years 135 15.9
    55-64 years 124 14.6
    65-74 years 101 11.9
    Others 298 35.1
    Age Group
    Census Count Percent(%)
    Registered Married 314 48.0
    Not Married 256 39.1
    Defacto Relationship 84 12.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 729 88.0
    Japan 4 0.5
    Papua New Guinea 10 1.2
    United Kingdom 49 5.9
    Other 16 1.9
    Others 20 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 632 78.7
    No Religion 165 20.5
    Other Religious Groups 6 0.7
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 32 10.8
    $400-$599 44 14.8
    $600-$799 42 14.1
    $800-$999 36 12.1
    $1,000-$1,249 28 9.4
    Others 115 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 292 42.9
    Employed, worked full-time 204 30.0
    Employed, worked part-time 128 18.8
    Employed, away from work 29 4.3
    Unemployed, looking for work 27 4.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 74 20.3
    Community & personal service workers 45 12.4
    Clerical & administrative workers 44 12.1
    Machinery operators & drivers 40 11.0
    Labourers 53 14.6
    Others 108 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 17 8.5
    Infants/Primary 75 37.5
    Secondary 57 28.5
    Technical or Further Educational Institution 27 13.5
    University or other Tertiary Institutions 15 7.5
    Others 9 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 782 94.6
    Flat, unit or apartment 28 3.4
    Semi-detached, row or terrace house, townhouse 17 2.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 121 36.9
    Being purchased 109 33.2
    Rented 98 29.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals