Malabar is a smaller suburb in New South Wales within the Randwick local government area (postcode 2036). With a population of 4,714, the suburb has a mature demographic with a median age of 46. Households earn a median income of $93K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Malabar is $600,000, having dropped significantly 83.1% over the past year. Units have a median price of $2.2 million (-10.7% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $3,900.
Malabar is served by 3 schools, including 3 primary. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 34 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Randwick LGA is below average at 2,578 incidents per 100,000 population.
From an investment perspective, Malabar offers a gross rental yield of 9.5%, rated as high yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved -83.1% year-on-year.
Malabar is a smaller suburb in New South Wales within the Randwick local government area (postcode 2036). With a population of 4,714, the suburb has a mature demographic with a median age of 46. Households earn a median income of $93K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Malabar is $600,000, having dropped significantly 83.1% over the past year. Units have a median price of $2.2 million (-10.7% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $3,900.
Malabar is served by 3 schools, including 3 primary. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 34 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Randwick LGA is below average at 2,578 incidents per 100,000 population.
From an investment perspective, Malabar offers a gross rental yield of 9.5%, rated as high yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved -83.1% year-on-year.