Mallabula has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 27.47% to date .
Over the longer term, Mallabula has seen property prices show investors a 39.91% return over the last 3 years. This is worse than over the last 12 months
At number 780th of NSW’s most discounted properties, Mallabula is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $20280 per annum or $390 every week.
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Seaside spot capitalises on tourism
Median house price: $419,500
Three-year growth: 20.7%
Rental yield: 5.1%
Near the shores of the Hunter region, houses in the suburb of Mallabula have been experiencing considerable, steady price hikes for the past five years.
In the December 2017 quarter, Mallabula reported 13.7% growth; nonetheless, the median house value remains under $420,000. Thus, this market is quite affordable. The average rental yield is also strong at 5.1%, and houses are selling at an average discount rate of just 3.1%; thus, Mallabula is ideal for both buyers and sellers.
The suburb is mainly residential, with the Port Stephens harbour, a popular tourist spot, located nearby. Mallabula residents can enjoy fishing, swimming, boating and other water-based activities here, and enjoy gourmet food and wine. Commuters heading out can take the bus from the stop on Strathmore Road.