Mundaring is a smaller suburb in Western Australia within the Mundaring local government area (postcode 6073). With a population of 3,190, the suburb has a mature demographic with a median age of 50. Households earn a median income of $92K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Mundaring is $823,000, having surged 21% over the past year. Units have a median price of $515,000 (+6.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $2,000.
Mundaring is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1040, which is around the national average of 1,000. Public transport access includes 2 rail stations, 32 bus stops.
From an investment perspective, Mundaring offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($823K/$951K). The price-to-income ratio of 8.9x is considered moderate. House prices have moved +21.0% year-on-year.
Mundaring is a smaller suburb in Western Australia within the Mundaring local government area (postcode 6073). With a population of 3,190, the suburb has a mature demographic with a median age of 50. Households earn a median income of $92K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Mundaring is $823,000, having surged 21% over the past year. Units have a median price of $515,000 (+6.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $2,000.
Mundaring is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1040, which is around the national average of 1,000. Public transport access includes 2 rail stations, 32 bus stops.
From an investment perspective, Mundaring offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($823K/$951K). The price-to-income ratio of 8.9x is considered moderate. House prices have moved +21.0% year-on-year.