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Mullaloo

POSTAL CODE: WA, 6027
HOUSE
MULLALOO ranks 323rd in WA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 9.43% for the past year is lower than average compared to its 95.6% growth within a five-year period.

Also in MULLALOO, the median home price is sitting at $1,335,000, and the average rent at $900, this suggests property owners could potentially earn a 3.51% increase in gross rental yield.

Property investors have seen a 0.19% gain in MULLALOO based on an increase 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 6.83% growth over a ten-year period. It ranks 2064th on our list of suburbs that property investors should look into.

Surburb overview

Mullaloo, a coastal suburb located approximately 25 kilometres north of Perth's central business district, is part of the City of Joondalup in Western Australia. The suburb spans an area of about 3.1 square kilometres and is bordered by the Indian Ocean to the west, Kallaroo to the south, Beldon to the east, and Ocean Reef to the north. 

As of the 2016 census, Mullaloo had a population of 6,001 residents, with a median age of 43. The community comprises a mix of families, professionals, and retirees, contributing to a diverse demographic profile. 

Public transportation in Mullaloo includes several bus routes connecting to the Joondalup Line via Whitfords and Edgewater railway stations, facilitating access to Perth and surrounding areas. Major bus routes serving the suburb include 460, 461, and 462. 

The suburb offers essential amenities, including the Mullaloo Plaza Shopping Centre, which features a variety of stores such as a supermarket, pharmacy, and dining establishments. Residents can access the nearby Westfield Whitford City Shopping Centre for more extensive shopping needs. Educational facilities within Mullaloo include Mullaloo Beach Primary School and Mullaloo Heights Primary School, catering to students from kindergarten to year six. Secondary education options are available in neighbouring suburbs, with students attending either Ocean Reef Senior High School or Belridge Secondary College. 

Recreational activities highlight Mullaloo, notably the pristine Mullaloo Beach, which offers swimming, surfing, and picnicking opportunities. The suburb also features several parks and green spaces, such as Tom Simpson Park, providing residents with venues for outdoor activities and community events. Additionally, the Mullaloo Surf Life Saving Club offers programs and facilities for beach safety and recreation. 

Mullaloo's combination of coastal living, accessibility, and community amenities contributes to its reputation as a desirable suburb within the Perth metropolitan area. 

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