Suburb Profile Report for Mulwala NSW (2647)

Mulwala House: Median price $340,000, Annual capital growth 2.45%, Number of sales 29, Weekly median advertised rent $310

Mulwala Unit: Median price $217,500, Annual capital growth -0.18%, Number of sales 22, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Mulwala, 2647 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.68%

Over the longer term, Mulwala has seen property prices show investors a 16.44% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Mulwala is $340000, with sellers offering an average of -8.48% off the asking price.

Mulwala is 262th on a list of best yielding suburbs for rents in NSW with a 4.74% return

If you compare the increase in value of investment property in Mulwala, 2647 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.14%.

The five-year average increase in median property values for Mulwala,2647 has given property investors a potential capital gain of -16.35% across each of those five years.

The NSW suburb of Mulwala, 2647 is in the Corowa Shire local government area.

HOUSE UNIT
$340,000 $217,500
1.95% 2.96%
9.68% -1.14%
2.45% -0.18%
$310 $260
29 22
4.74% 6.22%
200.75 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
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Demographics
Total population 1903
Median household income ($/weekly) 826
Median age of persons 51
Median housing loan repayment ($/monthly) 1517
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 180 9.5
    35-44 years 195 10.2
    45-54 years 234 12.3
    55-64 years 336 17.6
    65-74 years 345 18.1
    Others 614 32.2
    Age Group
    Census Count Percent(%)
    Registered Married 842 59.2
    Not Married 459 32.3
    Defacto Relationship 121 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1697 92.8
    Greece 10 0.5
    Papua New Guinea 11 0.6
    United Kingdom 74 4.0
    United States of America 9 0.5
    Others 27 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1393 79.0
    No Religion 355 20.1
    Buddhism 9 0.5
    Judaism 3 0.2
    Other Religious Groups 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 68 9.7
    $400-$599 131 18.6
    $600-$799 85 12.1
    $800-$999 83 11.8
    $1,250-$1,499 83 11.8
    Others 254 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 733 47.2
    Employed, worked full-time 479 30.8
    Employed, worked part-time 264 17.0
    Employed, away from work 49 3.2
    Unemployed, looking for work 29 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 136 17.2
    Technicians & trades workers 154 19.4
    Community & personal service workers 78 9.8
    Clerical & administrative workers 84 10.6
    Labourers 130 16.4
    Others 211 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 36 11.5
    Infants/Primary 111 35.4
    Secondary 104 33.1
    Technical or Further Educational Institution 39 12.4
    University or other Tertiary Institutions 13 4.1
    Others 11 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1466 85.4
    Semi-detached, row or terrace house, townhouse 78 4.5
    Flat, unit or apartment 130 7.6
    Caravan, cabin, houseboat 26 1.5
    House or flat attached to a shop, office 9 0.5
    Others 8 0.5
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 369 49.1
    Being purchased 199 26.5
    Rented 175 23.3
    Other tenure type 9 1.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals