Thinking about buying in Lake Mundi? Now could not be a better time, with just 48 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 48 Km.
Median Weekly Rent | $95.00 |
Median Monthly Mortgage | $762.33 |
Median Persons Per Bedroom | 0.73 |
Average Household Size | 2.67 |
Average Age | 47.00 |
Average Income | $789.33 |
Average Cars Per Dwelling | 2.69 |
Average Properties Within 50M | 1 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lake Mundi due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Lake Mundi provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Lake Mundi to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Lake Mundi the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
None within suburb boundary
(While the above schools are located with the suburb of Lake Mundi there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.6 | 12.1 | 28.1 | 30.9 | 86.8 | 4.3 | 24.5 |
Feb | 1.3 | 12.6 | 27.0 | 37.7 | 92.6 | 4.2 | 20.9 |
Mar | 1.2 | 11.1 | 24.2 | 42.4 | 93.8 | 3.9 | 16.2 |
Apr | 1.5 | 8.8 | 20.3 | 50.6 | 95.6 | 3.4 | 11.7 |
May | 2.4 | 7.2 | 16.1 | 64.6 | 96.6 | 3.5 | 8.5 |
Jun | 2.4 | 5.0 | 13.6 | 73.5 | 97.5 | 3.3 | 7.4 |
Jul | 3.1 | 5.2 | 13.0 | 75.8 | 98.0 | 4.1 | 7.5 |
Aug | 2.5 | 5.2 | 14.0 | 66.4 | 97.2 | 4.2 | 10.2 |
Sept | 2.2 | 6.2 | 16.3 | 59.5 | 97.3 | 4.3 | 14.3 |
Oct | 1.7 | 7.4 | 19.2 | 54.1 | 96.1 | 4.3 | 19.1 |
Nov | 1.2 | 8.6 | 21.9 | 45.1 | 93.2 | 4.2 | 22.3 |
Dec | 1.2 | 10.2 | 25.3 | 38.4 | 90.6 | 4.2 | 25.1 |
source: Australian Government Bureau of Meteorology
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