Suburb Profile Report for Mallabula NSW (2319)

Mallabula House: Median price $368,000, Annual capital growth 5.86%, Number of sales 23, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report

At number 1676th in the list of Australian suburbs ordered by increase in median house value over the last year, Mallabula, 2319 is in the top half with a property value increase of 6.67% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Mallabula,2319 has racked up an average of 6.67% over the period. This ranks it number 1848th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Mallabula is giving property investors an average Vendor Discount of around -3.47%. This puts suburb at number 1061th in NSW when ranking the most discounted suburbs.

A $395 per week rent on the median house gives suburb investors a gross yield of circa 5.58%, without taking into account capital value appreciation, which has been averaging out at 5.86%.

Metrics i HOUSE UNIT
$368,000 N/A
-0.27% N/A
6.67% N/A
5.86% N/A
$395 N/A
23 N/A
5.58% N/A
85.85 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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