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Mulambin, QLD 4703

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Mulambin, QLD 4703 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Mulambin, QLD 4703”

  1. The total adult population (15 years or older) of Mulambin 4703 QLD is 697, with a median age of 38. Of those, 55.24% are married, 11.48% are divorced or separated, 30.13% are single and 3.44% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $8,948. The median monthly mortgage repayment for households in this suburb is $2,100 which is 23.47% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Queensland, the suburb of Mulambin is a cosy community composed of approximately 373 households. As we delve into the Q3 statistics of 2023 for Mulambin’s housing market, it’s clear the area presents promising opportunities for investors and buyers alike.

    The average house price in Mulambin rests at $621,060, while homes are typically rented out at $571 per week. This scenario contributes to a compelling indicative yield of 4.78%, tipping the scales in favour of profitable investment and exceeding the minimum market requirement of 3%.

    Moving on to the area’s IRSAD score, Mulambin scores a healthy 971 out of 1217. This relative high score signifies a community backed by a sound socio-economic status, increasing its attractiveness to investors.

    The renter to owner ratio in the area stands at 31%, slightly over the desired ratio of 30%, indicating a more than acceptable balance between property owners and renters. Moreover, the suburb’s unit to house ratio is staggeringly low at 1%, showing an excellent predominance of houses. This lower concentration of units typically attracts families seeking long-term tenancies, offering stability and continuous rental inflow for property owners.

    Property affordability in Mulambin is also quite favourable, highlighted by the affordability index of 27 years, indicating a high level of affordability for residents when compared to the 30-year mortgage standard.

    Looking into supply metrics, the stock on market percentage for houses totals a neutral 0.8%, indicating balanced supply. At the same time, an inventory level resting at 2.25 months reflects a market capable of quickly absorbing new listings. However, the building approvals ratio for houses stands at a slightly higher 2.14%, indicating a mild potential for increased supply.

    Lastly, demand metrics for the area show a brisk property rotation mirrored in the short 19 days-on-market average. The combined vacancy rate for houses and units in the suburb is a medium 2.59%, demonstrating decent demand. The buy search index maintains a neutral stance at 5, mirroring the average state/city interest.

    In summary, the Mulambin property market reveals a profitable investment landscape with a strong yield, favourable supply and demand conditions and an appealing socio-economic background. Property owners and investors should keep an eye on the evolutionary trends of these metrics, as majority-favourable conditions can offset a few less-than-ideal metrics. Along those lines, the HtAG’s Relative Composite Score (RCS) can serve as a valuable reference, skilfully blending 80+ metrics into a single, easily digestible figure.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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