The suburb’s capital gain of -0.69% for the past year is lower than average compared to its 16.07% growth within a five-year period.
Also in MULLALOO, the median home price is sitting at $715,000, and the average rent at $450, this suggests property owners could potentially earn a 3.27% increase in gross rental yield.
Property investors have seen a -0.69% 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 1.67% growth over a ten-year period. It ranks 3454th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.69%||N/A|
|Median 3 years||-1.28%||N/A|
|Median 5 years||16.07%||N/A|
|10 years average annual||1.67%||N/A|
|Weekly media advert. rent||$450||N/A|
|Time on Market||71.5 days||N/A|
|Gross Rental Yield Percent||3.27%||N/A|