Mundingburra is a smaller suburb in Queensland within the Townsville local government area (postcode 4812). With a population of 3,594, the suburb has an established demographic with a median age of 43. Households earn a median income of $70K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Mundingburra is $450,000, having surged 11.8% over the past year. Units have a median price of $250,000 (-17.4% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,413.
Mundingburra is served by 4 schools, including 2 primary, 1 combined, 1 special. The average ICSEA score is 1018, which is around the national average of 1,000. The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Mundingburra offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($450K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +11.8% year-on-year.
Mundingburra is a smaller suburb in Queensland within the Townsville local government area (postcode 4812). With a population of 3,594, the suburb has an established demographic with a median age of 43. Households earn a median income of $70K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Mundingburra is $450,000, having surged 11.8% over the past year. Units have a median price of $250,000 (-17.4% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,413.
Mundingburra is served by 4 schools, including 2 primary, 1 combined, 1 special. The average ICSEA score is 1018, which is around the national average of 1,000. The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Mundingburra offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($450K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +11.8% year-on-year.