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Mundaring
AREA REPORTS

Mundaring

Mundaring - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6073

house
unit

MUNDARING, 6073 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in WA have risen as a whole, pulling MUNDARING, 6073 values up and netting property investors a capital gain of 18% for the past year.

Investors saw the median home price rise to $649,000.

Profits due to an upward trend in home prices in the suburb averaged 7.48% per annum over a 3-year period.

MUNDARING now ranks at the 340th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in MUNDARING are low, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MUNDARING, homes and units usually stay on listing for an average of 54.4 days.

In 2016, 53 properties were sold in MUNDARING during the past year, making it the 118th most active market in WA based on total real estate transactions.

Data report can be found below

Mundaring
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $649,000 $280,000
GROWTH REPORT
Median Quarterly 1.68% -11.11%
Median 12 month 18% N/A
Median 3 years 22.45% N/A
Median 5 years 19.63% N/A
10 years average annual 2.55% N/A
Weekly media advert. rent N/A N/A
Time on Market 54.4 days 0.0 days
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
3041
Weekly Household Income
1387
Household Size
2.50
Age
47
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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