Suburb Profile Report for Mudgeeraba QLD (4213)

Mudgeeraba House: Median price $590,000, Annual capital growth 3.82%, Number of sales 222, Weekly median advertised rent $550

Mudgeeraba Unit: Median price $410,000, Annual capital growth 4.19%, Number of sales 138, Weekly median advertised rent $445

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

Source: CoreLogic

  • House Report
  • Unit Report

Mudgeeraba is in the TOP 30% in QLD when comparing median price capital growth over the last year. Mudgeeraba gave property investors a good capital gain figure when compared to the rest of the state, with 8.26%.

Over the longer term, Mudgeeraba has seen property prices show investors a 19.19% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Mudgeeraba should be aiming for at least -5.34% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 76.19km from the CBD, Mudgeeraba is one of Gold Coast localities in the postcode 4213.

Mudgeeraba is in the TOP 30% in QLD when comparing median price capital growth over the last year. Mudgeeraba gave property investors a good capital gain figure when compared to the rest of the state, with 5.94%.

Taking the average capital gain, or increase in median house value, Mudgeeraba,4213 has racked up an average of 5.94% over the period. This ranks it number 370th in the whole country for real estate investors looking at median house price increases.

At number 262th of QLD’s most discounted properties, Mudgeeraba is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Mudgeeraba the average time real estate has been on the market is 62.16 days.

With the median price for a house in Mudgeeraba being $410000 and the advertised rent reaching $445 the gross rental yield for property investors calculates out to be 5.64%

Metrics i HOUSE UNIT
$590,000 $410,000
1.72% 5.60%
8.26% 5.94%
3.82% 4.19%
$550 $445
222 138
4.85% 5.64%
47.1 62.16

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 13203
Median household income ($/weekly) 1294
Median age of persons 36
Median housing loan repayment ($/monthly) 2056
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2071 15.7
    25-34 years 1649 12.5
    35-44 years 2055 15.6
    45-54 years 1846 14.0
    55-64 years 1482 11.2
    Others 4100 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 4861 51.4
    Not Married 3581 37.9
    Defacto Relationship 1013 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 9113 71.9
    Papua New Guinea 1121 8.8
    South Africa 232 1.8
    United Kingdom 961 7.6
    Other 392 3.1
    Others 859 6.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 194 1.6
    Christianity 8847 72.7
    Hinduism 55 0.5
    Other Religious Groups 58 0.5
    No Religion 2925 24.0
    Others 85 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 414 10.3
    $1,000-$1,249 442 11.0
    $1,250-$1,499 401 10.0
    $1,500-$1,999 610 15.2
    $2,000-$2,499 460 11.5
    Others 1688 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3826 39.3
    Not in the labour force 2918 29.9
    Employed, worked part-time 2211 22.7
    Unemployed, looking for work 461 4.7
    Employed, away from work 330 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 693 10.9
    Professionals 1139 17.9
    Technicians & trades workers 1045 16.4
    Clerical & administrative workers 971 15.2
    Sales 808 12.7
    Others 1713 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 227 6.6
    Infants/Primary 1439 41.8
    Secondary 932 27.1
    Technical or Further Educational Institution 256 7.4
    University or other Tertiary Institutions 474 13.8
    Others 117 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10700 84.4
    Semi-detached, row or terrace house, townhouse 1715 13.5
    Flat, unit or apartment 208 1.6
    Caravan, cabin, houseboat 44 0.3
    House or flat attached to a shop, office 14 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1986 45.0
    Rented 1333 30.2
    Fully owned 1070 24.2
    Other tenure type 24 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals