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Mallabula
AREA REPORTS

Mallabula

Mallabula - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2319

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $452,500.

The upward trend in home prices in MALLABULA, 2319 averaged 1.87% per annum over a 3-year period.

Average weekly rents on listings have reached the $355 mark, reflecting a 4.08% increase in returns based on the current median price in MALLABULA.

An average of 2 real estate transactions take place per month in MALLABULA which translates to 24 per annum.

24 properties were sold in MALLABULA in 2016, making it the 824th most active market in NSW based on total real estate transactions.

MALLABULA, 2319 places 1047th in Australia based on median property value growth during the quarter.

Data report can be found below

Mallabula
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $452,500 N/A
GROWTH REPORT
Median Quarterly -6.7% N/A
Median 12 month -12.35% N/A
Median 3 years 5.6% N/A
Median 5 years 30.78% N/A
10 years average annual 4.67% N/A
Weekly media advert. rent $355 N/A
Time on Market 55.7 days N/A
Gross Rental Yield Percent 4.08% N/A
demographics (median values)*
Total Population
6684
Weekly Household Income
974
Household Size
2.40
Age
49
Monthly Loan Repayment
1517
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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