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The suburb’s capital gain of -12.37% for the past year is lower than average compared to its -5.56% growth within a five-year period.
Also in MULLALOO, the median home price is sitting at $637,500, and the average rent at $485, this suggests property owners could potentially earn a 3.96% increase in gross rental yield.
Property investors have seen a -0.78% 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 -0.35% decrease over a ten-year period. It ranks 4128th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $637,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.78% | N/A |
| Median 12 month | -12.37% | N/A |
| Median 3 years | -13.27% | N/A |
| Median 5 years | -5.56% | N/A |
| 10 years average annual | -0.35% | N/A |
| Weekly media advert. rent | $485 | N/A |
| Time on Market | 64.3 days | N/A |
| Gross Rental Yield Percent | 3.96% | N/A |
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