Mullumbimby Creek is a small community in New South Wales within the Byron local government area (postcode 2482). With a population of 512, the suburb has a mature demographic with a median age of 48. Households earn a median income of $77K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Mullumbimby Creek is $2.0 million, having surged 42% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,167.
Public transport access includes 10 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Mullumbimby Creek offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($2.0M/$1.5M). The price-to-income ratio of 25.3x is considered stretched. House prices have moved +42.0% year-on-year.
Mullumbimby Creek is a small community in New South Wales within the Byron local government area (postcode 2482). With a population of 512, the suburb has a mature demographic with a median age of 48. Households earn a median income of $77K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Mullumbimby Creek is $2.0 million, having surged 42% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,167.
Public transport access includes 10 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Mullumbimby Creek offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($2.0M/$1.5M). The price-to-income ratio of 25.3x is considered stretched. House prices have moved +42.0% year-on-year.