Mullaloo is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6027). With a population of 6,190, the suburb has an established demographic with a median age of 41. Households earn a median income of $127K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Mullaloo is $1.2 million, having surged 28.7% over the past year. Units have a median price of $600,000 (+33.3% YoY). The current median weekly rent is $772. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,383.
Mullaloo is served by 2 schools, including 2 primary. The average ICSEA score is 1074, which is above the national average of 1,000. Public transport access includes 28 bus stops.
From an investment perspective, Mullaloo offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($1.2M/$951K). The price-to-income ratio of 9.1x is considered moderate. House prices have moved +28.7% year-on-year.
Mullaloo is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6027). With a population of 6,190, the suburb has an established demographic with a median age of 41. Households earn a median income of $127K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Mullaloo is $1.2 million, having surged 28.7% over the past year. Units have a median price of $600,000 (+33.3% YoY). The current median weekly rent is $772. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,383.
Mullaloo is served by 2 schools, including 2 primary. The average ICSEA score is 1074, which is above the national average of 1,000. Public transport access includes 28 bus stops.
From an investment perspective, Mullaloo offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($1.2M/$951K). The price-to-income ratio of 9.1x is considered moderate. House prices have moved +28.7% year-on-year.