Mullaway is a small community in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 607, the suburb has an established demographic with a median age of 40. Households earn a median income of $92K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Mullaway is $1.1 million, having surged 19.3% over the past year. The current median weekly rent is $680. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,609.
Mullaway is served by 1 school, including 1 primary. The average ICSEA score is 1033, which is around the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Mullaway offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.5x is considered stretched. House prices have moved +19.3% year-on-year.
Mullaway is a small community in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 607, the suburb has an established demographic with a median age of 40. Households earn a median income of $92K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Mullaway is $1.1 million, having surged 19.3% over the past year. The current median weekly rent is $680. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,609.
Mullaway is served by 1 school, including 1 primary. The average ICSEA score is 1033, which is around the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Mullaway offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.5x is considered stretched. House prices have moved +19.3% year-on-year.