Suburb Profile Report for Mudjimba QLD (4564)

Mudjimba House: Median price $675,000, Annual capital growth 3.94%, Number of sales 36, Weekly median advertised rent $495

Mudjimba Unit: Median price $423,500, Annual capital growth 1.03%, Number of sales 47, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Mudjimba have tracked higher than the QLD average of 2.45% over the last 12 months.

While Mudjimba,4564 ranked number 23th in QLD for increase in median house value (annualised) increase, it is ranked 52th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.86% offered to property buyers. Sellers in Mudjimba itself are offering an average vendor discount of -3.92% to real estate investors.

Renters in Suburb are facing rents around $5940 per annum or $495 every week.

Giving property investors a an unimpressive capital gain of -2.64% for the last year, Mudjimba, 4564 is the 1301th highest performer in Australia in this respect.

Comparing Mudjimba,4564 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Mudjimba should be aiming for at least -2.19% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 1.03%, investors should hope to achieve an overall return of 5.28%

Metrics i HOUSE UNIT
$675,000 $423,500
10.20% -2.08%
8.87% -2.64%
3.94% 1.03%
$495 $430
36 47
3.81% 5.28%
89.64 78.11

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2136
Median household income ($/weekly) 1105
Median age of persons 37
Median housing loan repayment ($/monthly) 1825
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 309 14.5
    25-34 years 287 13.4
    35-44 years 299 14.0
    45-54 years 348 16.3
    55-64 years 259 12.1
    Others 634 29.7
    Age Group
    Census Count Percent(%)
    Registered Married 685 44.3
    Not Married 614 39.7
    Defacto Relationship 246 15.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1714 84.1
    Papua New Guinea 98 4.8
    South Africa 22 1.1
    United Kingdom 113 5.5
    Other 40 2.0
    Others 52 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 1.7
    Christianity 1235 65.4
    Islam 12 0.6
    Judaism 6 0.3
    No Religion 601 31.8
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 81 11.9
    $600-$799 72 10.6
    $800-$999 75 11.0
    $1,000-$1,249 81 11.9
    $1,500-$1,999 94 13.8
    Others 277 40.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 572 36.0
    Not in the labour force 466 29.4
    Employed, worked part-time 385 24.3
    Unemployed, looking for work 91 5.7
    Employed, away from work 73 4.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 119 11.6
    Professionals 185 18.0
    Technicians & trades workers 188 18.3
    Clerical & administrative workers 148 14.4
    Sales 124 12.0
    Others 266 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 20 3.9
    Infants/Primary 206 40.2
    Secondary 155 30.3
    Technical or Further Educational Institution 44 8.6
    University or other Tertiary Institutions 73 14.3
    Others 14 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1366 67.1
    Semi-detached, row or terrace house, townhouse 549 27.0
    Flat, unit or apartment 73 3.6
    Caravan, cabin, houseboat 38 1.9
    House or flat attached to a shop, office 11 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 328 43.5
    Being purchased 221 29.3
    Fully owned 202 26.8
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals