Mudgeeraba, 4213 ranked 619th in QLD when comparing growth in median property values or capital gain over the last 12 months. Mudgeeraba is one of 2415 in our list for QLD
The five-year average increase in median property values for Mudgeeraba,4213 has given property investors a potential capital gain of 19.80% across each of those five years.
At number 573th of QLD’s most discounted properties, Mudgeeraba is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Mudgeeraba the average time real estate has been on the market is 53.7191 days.
A $570 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 2.85%.
At number 106th in the list of Australian suburbs ordered by increase in median house value over the last year, Mudgeeraba, 4213 is in the top 10% with a property value increase of 15.75% recorded in median house prices.
Mudgeeraba,4213 was ranked 188 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Mudgeeraba is offering property investors an average of -6.43. This rate of discount on properties puts Suburb at number 185th in terms of most discounted suburbs in QLD
A $470 per week rent on the median house gives suburb investors a gross yield of circa 5.88%, without taking into account capital value appreciation, which has been averaging out at 2.59%.
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House supply drops in classic suburb
Median house price: $580,000
Stock on market: -24.4%
12-month growth: 8.4%
Bursting with old-world beauty, the suburb of Mudgeeraba is a gem on the Gold Coast Hinterland. Believed by many to have been built around the Wallaby Hotel, which was once known as Mudgeeraba Hotel in 1884, this suburb has capitalised on its historical charm and reputation as a food hub.
The village boasts a strong commercial scene – the local farmers’ markets are regarded as the oldest in the Gold Coast region and offers produce, coffee, cheese and wine, among other food products. Restaurants, cafes and art galleries enhance the quaint atmosphere.
Mudgeeraba is mainly composed of housing stock, which fell in the 12 months leading up to July 2017. This has led to vacancies tightening even more and house values increasing by around 8%.