Suburb Profile Report for Mudgeeraba QLD (4213)

Mudgeeraba House: Median price $551,250, Annual capital growth 3.57%, Number of sales 210, Weekly median advertised rent $500

Mudgeeraba Unit: Median price $345,000, Annual capital growth 3.26%, Number of sales 107, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 1.98% which means that Mudgeeraba, 4213 has done well for property investors by showing a capital gain of 5.00% over the last year

While Mudgeeraba,4213 ranked number 223th in QLD for increase in median house value (annualised) increase, it is ranked 232th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Mudgeeraba is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 604th in terms of most discounted suburbs in QLD

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 3.57%, investors should hope to achieve an overall return of 4.72%

QLD has seen average median house prices change by 0.77% which means that Mudgeeraba, 4213 has done well for property investors by showing a capital gain of 5.59% over the last year

While Mudgeeraba,4213 ranked number 33th in QLD for increase in median house value (annualised) increase, it is ranked 188th over the last 5 years.

Our latest figures would indicate that property sellers in Mudgeeraba are currently offering property investors an average price cut of -4.77% below the asking price at the moment.

Often selling an investment property can take time, and in Mudgeeraba the average time real estate has been on the market is 56.48 days.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 3.26%, investors should hope to achieve an overall return of 6.48%

HOUSE UNIT
$551,250 $345,000
2.08% 5.83%
5.00% 5.59%
3.57% 3.26%
$500 $430
210 107
4.72% 6.48%
45.08 56.48

Source: CoreLogic

DSR Score for property investment : Very good (U), Very 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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Recent sales & rentals