Suburb Profile Report for Mudjimba QLD (4564)

Mudjimba House: Median price $935,000, Annual capital growth 6.91%, Number of sales 48, Weekly median advertised rent $630

Mudjimba Unit: Median price $525,000, Annual capital growth 3.88%, Number of sales 33, Weekly median advertised rent $500

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Mudjimba is in the TOP 20% in QLD when comparing median price capital growth over the last year. Mudjimba gave property investors a very good capital gain figure when compared to the rest of the state, with 22.70%.

When looking at the potential capital gains offered to property investors over the last 3 years, Mudjimba comes in at number 107th in QLD.

LACK OF BUYER INTEREST may well be the reason that Mudjimba is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 762th in terms of most discounted suburbs in QLD

Renters in Suburb are facing rents around $32760 per annum or $630 every week.

If you compare the increase in value of investment property in Mudjimba, 4564 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 13.51%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mudjimba has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Mudjimba are currently offering property investors an average price cut of -2.39% below the asking price at the moment.

Renters in Suburb are facing rents around $26000 per annum or $500 every week.

Metrics i HOUSE UNIT
$935,000 $525,000
5.65% 3.55%
22.70% 13.51%
6.91% 3.88%
$630 $500
48 33
3.50% 4.95%
38.9583333333333 46.2105263157895

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (U), Very good (H)
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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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