Mukinbudin WA

Postcode 6479 · Mukinbudin LGA

Mukinbudin is a quiet locality in Western Australia within the Mukinbudin local government area (postcode 6479). With a population of 336, the suburb has an established demographic with a median age of 44. Households earn a median income of $63K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Scottish.

The median house price in Mukinbudin is $98,000, having surged 40% over the past year. Units have a median price of $90,000. The current median weekly rent is $320. This gives a gross rental yield of approximately 17.0%. The median monthly mortgage repayment is $778.

Mukinbudin is served by 1 school, including 1 combined. The average ICSEA score is 953, which is around the national average of 1,000.

From an investment perspective, Mukinbudin offers a gross rental yield of 17.0%, rated as high yield. Property prices sit below the state median ($98K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved +40.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield17.0% High Yield
Price vs State$98K/$951K Below Median
Affordability1.5x Affordable
Price Momentum+40.0% Rising
INCOME (ATO 2022-23)
Median Income$62,935
Mean Income$83,690
Earners1,843
YoY Change+9.7%
SEIFA INDEX (ABS)
Advantage4/10
Education4/10
Economic2/10
Disadvantage4/10
MEDIAN HOUSE
$98K
40% YoY
MEDIAN UNIT
$90K
0% YoY
MEDIAN RENT /WK
$150
POPULATION
336
DEMOGRAPHICS
Median Age44
Household Size2.1
HH Income /wk$1,218
Personal Income /wk$716
Mortgage /mth$778
SCHOOLS (1)
Avg ICSEA953
Total Students105
Government1
Mukinbudin District High SchoolCombined · Government · ICSEA 953
Data: 2024