Thinking about buying in Mundamia? Now could not be a better time, with just 46 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,305,000 with prices in this suburb ranging from $632,000 to $3,884,000. The aproximate distance to the coast is 11 Km.

Mundamia Real Estate Market Outlook

In Mundamia there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Mundamia is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Mundamia changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Mundamia to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Mundamia we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mundamia a better buying opportunity than it may have been in the past.

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Recently Sold Properties / House Prices

25-11-2022	$1,150,000	310 YALWAL RD
07-07-2022	$1,700,000	297 CABBAGE TREE LANE
18-03-2021	$1,200,000	108 JONSSON RD
13-01-2021	$540,000	39 JONSSON RD
09-09-2020	$1,500,000	3 FLATROCK RD
18-12-2018	$665,000	41 FLATROCK RD
23-01-2018	$50,000	240 CABBAGE TREE LANE
02-12-2016	$1,020,000	285 CABBAGE TREE LANE
12-07-2016	$610,000	3 FLATROCK RD
16-05-2016	$550,000	41 FLATROCK RD
11-06-2013	$635,000	297 CABBAGE TREE LANE
30-05-2013	$320,000	44 JONSSON RD
26-07-2010	$533,000	18 BAMARANG RD
02-10-2009	$516,000	269 CABBAGE TREE LANE
11-09-2007	$562,000	297 CABBAGE TREE LANE
27-07-2006	$1,760,000	170 GEORGE EVANS RD
09-09-2005	$710,000	285 CABBAGE TREE LANE
09-05-2005	$1,530,000	170 GEORGE EVANS RD
27-01-2005	$490,000	41 FLATROCK RD

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Internet Speed

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Nearby Suburbs

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Public Transport

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General Points of Interest

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