Mundamia is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 85, the suburb has a mature demographic with a median age of 53. Households earn a median income of $73K per year, with an average household size of 2.4 people. The most common occupations are sales, clerical & administrative, managers. The top ancestries reported are Australian, English, German.
The median house price in Mundamia is $325,000, having dropped significantly 81.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 9.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 3 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Mundamia offers a gross rental yield of 9.6%, rated as high yield. Property prices sit below the state median ($325K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved -81.6% year-on-year.
Mundamia is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 85, the suburb has a mature demographic with a median age of 53. Households earn a median income of $73K per year, with an average household size of 2.4 people. The most common occupations are sales, clerical & administrative, managers. The top ancestries reported are Australian, English, German.
The median house price in Mundamia is $325,000, having dropped significantly 81.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 9.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 3 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Mundamia offers a gross rental yield of 9.6%, rated as high yield. Property prices sit below the state median ($325K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved -81.6% year-on-year.