Mullion Creek is a small community in New South Wales within the Cabonne local government area (postcode 2800). With a population of 561, the suburb has an established demographic with a median age of 39. Households earn a median income of $94K per year, with an average household size of 3 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Mullion Creek is $900,000, having dropped significantly 15.9% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,733.
Mullion Creek is served by 1 school, including 1 primary. The average ICSEA score is 1009, which is around the national average of 1,000. Public transport access includes 31 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Mullion Creek offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved -15.9% year-on-year.
Mullion Creek is a small community in New South Wales within the Cabonne local government area (postcode 2800). With a population of 561, the suburb has an established demographic with a median age of 39. Households earn a median income of $94K per year, with an average household size of 3 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Mullion Creek is $900,000, having dropped significantly 15.9% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,733.
Mullion Creek is served by 1 school, including 1 primary. The average ICSEA score is 1009, which is around the national average of 1,000. Public transport access includes 31 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Mullion Creek offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved -15.9% year-on-year.