Suburb Profile Report for Mulwala NSW (2647)

Mulwala House: Median price $313,000, Annual capital growth 1.57%, Number of sales 42, Weekly median advertised rent $315

Mulwala Unit: Median price $211,250, Annual capital growth -1.70%, Number of sales 23, Weekly median advertised rent $253

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -6.57% for the last 12 months, Mulwala, 2647 has performed for property investments than its average annual 1.57% property growth over the last 5 years.

While Mulwala,2647 ranked number 1335th in NSW for increase in median house value (annualised) increase, it is ranked 1214th over the last 5 years.

Our latest figures would indicate that property sellers in Mulwala are currently offering property investors an average price cut of -8.37% below the asking price at the moment.

Using the current median advertised rental of $315 and the average annual increase in value of a median property of 1.57%, investors should hope to achieve an overall return of 5.23%

At number 1470th in the list of Australian suburbs ordered by increase in median house value over the last year, Mulwala, 2647 is in the BOTTOM 20% with a property value increase of -6.11% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Mulwala comes in at number 491th in NSW.

Mulwala, 2647’s gross rental yield is 6.22%

HOUSE UNIT
$313,000 $211,250
-7.26% -3.98%
-6.57% -6.11%
1.57% -1.70%
$315 $253
42 23
5.23% 6.22%
157.95 N/A

Source: CoreLogic

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