Investment property in Mullumbimby has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 15.97%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mullumbimby has increased when compared to the 5 year average annual rate.
Vendor discounting in Mullumbimby is giving property investors an average Vendor Discount of around -4.82%. This puts suburb at number 678th in NSW when ranking the most discounted suburbs.
Residents and property investors in Mullumbimby have been waiting around 95 days to sell a property.
Situated 615.09km from the CBD, Mullumbimby is one of Byron localities in the postcode 2482.
In the last year 11 properties changed hands in Mullumbimby, which puts it as the 567th most active market in NSW when comparing the number of sales per suburb.