Mullamuddy is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 95, the suburb has a settled mid-life population with a median age of 43. Households earn a median income of $81K per year, with an average household size of 2.9 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, managers, technicians & trades. Employment in the area leans toward agriculture and professional services. The top ancestries reported are English, Australian, Scottish.
The median house price in Mullamuddy is $1.1 million, broadly unchanged over the past year. The current median weekly rent is $590. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $3,017.
Public transport access includes 5 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.8% (low yield). Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 13.4x is considered stretched. House prices have moved +0.0% year-on-year.