Mullaley is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2379). With a population of 174, the suburb has a mature demographic with a median age of 45. Households earn a median income of $67K per year, with an average household size of 2.5 people. The most common occupations are managers, machinery operators & drivers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Mullaley is $17 million, having surged 1160.5% over the past year. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 0.1%. The median monthly mortgage repayment is $607.
Mullaley is served by 1 school, including 1 primary. The average ICSEA score is 922, which is below the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Mullaley offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($17.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 258.0x is considered stretched. House prices have moved +1160.5% year-on-year.
Mullaley is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2379). With a population of 174, the suburb has a mature demographic with a median age of 45. Households earn a median income of $67K per year, with an average household size of 2.5 people. The most common occupations are managers, machinery operators & drivers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Mullaley is $17 million, having surged 1160.5% over the past year. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 0.1%. The median monthly mortgage repayment is $607.
Mullaley is served by 1 school, including 1 primary. The average ICSEA score is 922, which is below the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Mullaley offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($17.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 258.0x is considered stretched. House prices have moved +1160.5% year-on-year.