AREA REPORTS

Mundingburra

 

 

Suburb Profile

Mundingburra - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4812

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Property investments in MUNDINGBURRA did not fare well against the rest of the country last year, registering a median home price decrease of 8.8%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MUNDINGBURRA, 4812 saw average growth in the long term.

Real estate investors could earn a rental income of $320 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 90.6 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $340,000.

MUNDINGBURRA ranks 292nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.89% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $340,000 $210,000
GROWTH REPORT
Median Quarterly 9.68% -3.45%
Median 12 month 8.8% -4.98%
Median 3 years -3.82% -5.62%
Median 5 years -8.11% -6.67%
10 years average annual -0.78% -3.27%
Weekly media advert. rent $320 $250
Time on Market 90.6 days 0.0 days
Gross Rental Yield Percent 4.89% 6.19%
demographics (median values)
Total Population
3724
Weekly Household Income
950.7
Household Size
2.30
demographics
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