Suburb Profile Report for Mudgeeraba QLD (4213)

Mudgeeraba House: Median price $562,500, Annual capital growth 3.34%, Number of sales 218, Weekly median advertised rent $520

Mudgeeraba Unit: Median price $382,500, Annual capital growth 3.79%, Number of sales 163, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Mudgeeraba has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.03%

If we look at median property appreciation over just the last three months, Mudgeeraba has given property investors a paper return of 2.27%. This puts Suburb as 206 on a list of fastest fasting appreciating suburbs in QLD

Vendor discounting in Mudgeeraba is giving property investors an average Vendor Discount of around -5.68%. This puts suburb at number 540th in QLD when ranking the most discounted suburbs.

Residents and property investors in Mudgeeraba have been waiting around 49.62 days to sell a property.

A $520 per week rent on the median house gives suburb investors a gross yield of circa 4.81%, without taking into account capital value appreciation, which has been averaging out at 3.34%.

Over the last year, property investments in Mudgeeraba, 4213 have given investors a capital gain of 9.60%. This compares very favourably with the 0.98% for QLD as a whole.

Comparing Mudgeeraba,4213 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Mudgeeraba, 4213 is offering QLD ‘s 194th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.

On average over the past year, suburb has had 13.58 sales per month, which equates to 163 per year.

Situated 61.91km from the CBD, Mudgeeraba is one of Gold Coast localities in the postcode 4213.

HOUSE UNIT
$562,500 $382,500
2.27% -3.77%
6.03% 9.60%
3.34% 3.79%
$520 $440
218 163
4.81% 5.98%
49.62 61.71

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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