Suburb Profile Report for Mullumbimby NSW (2482)

Mullumbimby House: Median price $650,000, Annual capital growth 5.93%, Number of sales 95, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report

Mullumbimby is in the TOP 30% in NSW when comparing median price capital growth over the last year. Mullumbimby gave property investors a good capital gain figure when compared to the rest of the state, with 12.07%.

Over the longer term, Mullumbimby has seen property prices show investors a 38.30% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Mullumbimby is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 852th in terms of most discounted suburbs in NSW

Mullumbimby is 362th on a list of best yielding suburbs for rents in NSW with a 4.40% return

Metrics i HOUSE UNIT
$650,000 N/A
1.56% N/A
12.07% N/A
5.93% N/A
$550 N/A
95 N/A
4.40% N/A
105.22 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 3171
Median household income ($/weekly) 784
Median age of persons 44
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 477 15.0
    35-44 years 476 15.0
    45-54 years 559 17.6
    55-64 years 444 14.0
    65-74 years 243 7.7
    Others 972 30.7
    Age Group
    Census Count Percent(%)
    Not Married 1093 48.1
    Registered Married 898 39.5
    Defacto Relationship 280 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2437 81.0
    Greece 45 1.5
    Papua New Guinea 57 1.9
    United Kingdom 213 7.1
    Other 106 3.5
    Others 149 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 112 4.0
    Christianity 1433 51.4
    Judaism 45 1.6
    Other Religious Groups 49 1.8
    No Religion 1141 40.9
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 118 10.6
    $400-$599 180 16.2
    $600-$799 172 15.5
    $800-$999 119 10.7
    $1,500-$1,999 103 9.3
    Others 418 37.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1079 44.7
    Employed, worked part-time 582 24.1
    Employed, worked full-time 575 23.8
    Unemployed, looking for work 96 4.0
    Employed, away from work 83 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 146 11.7
    Professionals 279 22.4
    Technicians & trades workers 201 16.2
    Community & personal service workers 135 10.9
    Sales 145 11.7
    Others 337 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 63 7.8
    Infants/Primary 328 40.4
    Secondary 243 29.9
    Technical or Further Educational Institution 81 10.0
    University or other Tertiary Institutions 61 7.5
    Others 36 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2791 94.0
    Semi-detached, row or terrace house, townhouse 88 3.0
    Flat, unit or apartment 74 2.5
    Caravan, cabin, houseboat 15 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 490 40.9
    Rented 363 30.3
    Being purchased 337 28.2
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals