Mullengandra is a quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2644). With a population of 122, the suburb has an established demographic with a median age of 44. Households earn a median income of $107K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Mullengandra is $2.2 million, having surged 140.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $1,517.
Public transport access includes 17 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Mullengandra offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.8x is considered stretched. House prices have moved +140.7% year-on-year.
Mullengandra is a quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2644). With a population of 122, the suburb has an established demographic with a median age of 44. Households earn a median income of $107K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Mullengandra is $2.2 million, having surged 140.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $1,517.
Public transport access includes 17 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Mullengandra offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.8x is considered stretched. House prices have moved +140.7% year-on-year.