Mudgeeraba is a well-established suburb in Queensland within the Gold Coast local government area (postcode 4213). With a population of 14,578, the suburb has an established demographic with a median age of 39. Households earn a median income of $98K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Mudgeeraba is $1.3 million, having surged 20.2% over the past year. Units have a median price of $770,000 (+9.2% YoY). The current median weekly rent is $890. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,993.
Mudgeeraba is served by 5 schools, including 3 primary, 1 combined, 1 special. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 2 rail stations, 31 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Mudgeeraba offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.1M). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +20.2% year-on-year.
Mudgeeraba is a well-established suburb in Queensland within the Gold Coast local government area (postcode 4213). With a population of 14,578, the suburb has an established demographic with a median age of 39. Households earn a median income of $98K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Mudgeeraba is $1.3 million, having surged 20.2% over the past year. Units have a median price of $770,000 (+9.2% YoY). The current median weekly rent is $890. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,993.
Mudgeeraba is served by 5 schools, including 3 primary, 1 combined, 1 special. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 2 rail stations, 31 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Mudgeeraba offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.1M). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +20.2% year-on-year.