Suburb Profile Report for Mulwala NSW (2647)

Mulwala House: Median price $335,000, Annual capital growth 2.10%, Number of sales 40, Weekly median advertised rent $290

Mulwala Unit: Median price $259,500, Annual capital growth 2.74%, Number of sales 26, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report
  • Unit Report

Mulwala has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.72% to date .

Comparing Mulwala,2647 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Mulwala is giving property investors an average Vendor Discount of around -3.97%. This puts suburb at number 825th in NSW when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $3480 per annum or $290 every week.

If you compare the increase in value of investment property in Mulwala, 2647 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 26.59%.

When looking at the potential capital gains offered to property investors over the last 3 years, Mulwala comes in at number 298th in NSW.

Mulwala, 2647 is offering NSW ‘s 27th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.

Situated 407.72km from the CBD, Mulwala is one of Corowa Shire localities in the postcode 2647.

Metrics i HOUSE UNIT
$335,000 $259,500
-0.74% 10.43%
7.72% 26.59%
2.10% 2.74%
$290 $230
40 26
4.50% 4.61%
139.75 135.05

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Mulwala NSW
Demographics
Total population 1903
Median household income ($/weekly) 826
Median age of persons 51
Median housing loan repayment ($/monthly) 1517
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 180 9.5
    35-44 years 195 10.2
    45-54 years 234 12.3
    55-64 years 336 17.6
    65-74 years 345 18.1
    Others 614 32.2
    Age Group
    Census Count Percent(%)
    Registered Married 842 59.2
    Not Married 459 32.3
    Defacto Relationship 121 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1697 92.8
    Greece 10 0.5
    Papua New Guinea 11 0.6
    United Kingdom 74 4.0
    United States of America 9 0.5
    Others 27 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1393 79.0
    No Religion 355 20.1
    Buddhism 9 0.5
    Judaism 3 0.2
    Other Religious Groups 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 68 9.7
    $400-$599 131 18.6
    $600-$799 85 12.1
    $800-$999 83 11.8
    $1,250-$1,499 83 11.8
    Others 254 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 733 47.2
    Employed, worked full-time 479 30.8
    Employed, worked part-time 264 17.0
    Employed, away from work 49 3.2
    Unemployed, looking for work 29 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 136 17.2
    Technicians & trades workers 154 19.4
    Community & personal service workers 78 9.8
    Clerical & administrative workers 84 10.6
    Labourers 130 16.4
    Others 211 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 36 11.5
    Infants/Primary 111 35.4
    Secondary 104 33.1
    Technical or Further Educational Institution 39 12.4
    University or other Tertiary Institutions 13 4.1
    Others 11 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1466 85.4
    Semi-detached, row or terrace house, townhouse 78 4.5
    Flat, unit or apartment 130 7.6
    Caravan, cabin, houseboat 26 1.5
    House or flat attached to a shop, office 9 0.5
    Others 8 0.5
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 369 49.1
    Being purchased 199 26.5
    Rented 175 23.3
    Other tenure type 9 1.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals