Mallabula is a small community in New South Wales within the Port Stephens local government area (postcode 2319). With a population of 963, the suburb has a mature demographic with a median age of 49. Households earn a median income of $61K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Mallabula is $250,000, having dropped significantly 64.4% over the past year. Units have a median price of $355,000 (-21.1% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 12.1%. The median monthly mortgage repayment is $1,500.
Public transport access includes 11 bus stops. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Mallabula offers a gross rental yield of 12.1%, rated as high yield. Property prices sit below the state median ($250K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved -64.4% year-on-year.
Mallabula is a small community in New South Wales within the Port Stephens local government area (postcode 2319). With a population of 963, the suburb has a mature demographic with a median age of 49. Households earn a median income of $61K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Mallabula is $250,000, having dropped significantly 64.4% over the past year. Units have a median price of $355,000 (-21.1% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 12.1%. The median monthly mortgage repayment is $1,500.
Public transport access includes 11 bus stops. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Mallabula offers a gross rental yield of 12.1%, rated as high yield. Property prices sit below the state median ($250K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved -64.4% year-on-year.