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Mundingburra
AREA REPORTS

Mundingburra

Mundingburra - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4812

house
unit

Property investments in MUNDINGBURRA fare well against the rest of the country last year, registering a median home price increase of 4.17%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, 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 $370 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 51.4 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 $375,000.

MUNDINGBURRA ranks 205th on the list of best yielding suburbs for rental properties in QLD, posting a 5.13% return.

Data report can be found below

Mundingburra
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $375,000 $223,750
GROWTH REPORT
Median Quarterly 0.67% 2.87%
Median 12 month 4.17% 39.84%
Median 3 years 12.78% 11.88%
Median 5 years 13.55% 3.59%
10 years average annual 0.2% 1.84%
Weekly media advert. rent $370 $300
Time on Market 51.4 days 55.2 days
Gross Rental Yield Percent 5.13% 6.97%
demographics (median values)*
Total Population
3724
Weekly Household Income
950.7
Household Size
2.30
Age
39
Monthly Loan Repayment
1192
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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