Mulloon is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 129, the suburb has a mature demographic with a median age of 45. Households earn a median income of $126K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Mulloon is $1.1 million, having surged 356.4% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,600.
Public transport access includes 6 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Mulloon offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +356.4% year-on-year.
Mulloon is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 129, the suburb has a mature demographic with a median age of 45. Households earn a median income of $126K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Mulloon is $1.1 million, having surged 356.4% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,600.
Public transport access includes 6 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Mulloon offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +356.4% year-on-year.