Property value increases in Mudgeeraba have tracked close to the QLD average of 1.17% over the last 12 months.
Comparing Mudgeeraba,4213 ‘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 Mudgeeraba should be aiming for at least -4.91% off the asking price, which is the average vendor discount being achieved at the moment.
The QLD suburb of Mudgeeraba, 4213 is in the Gold Coast (C) local government area.
QLD has seen average median house prices change by 0.65% which means that Mudgeeraba, 4213 has done well for property investors by showing a capital gain of -4.26% over the last year
While Mudgeeraba,4213 ranked number 233th in QLD for increase in median house value (annualised) increase, it is ranked 57th over the last 5 years.
At number 193th 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.
On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.
Information supplied by:
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%.