MULLALOO ranks 371st in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -8.87% for the past year is lower than average compared to its -2.65% growth within a five-year period.
Also in MULLALOO, the median home price is sitting at $642,500, and the average rent at $480, this suggests property owners could potentially earn a 3.88% increase in gross rental yield.
Property investors have seen a -3.38% drop in MULLALOO based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a -0.13% decrease over a ten-year period. It ranks 4200th on our list of suburbs that property investors should look into.