Question 1

Is Mullaloo a nice place to live?

Accepted Answer

Mullaloo is a relaxed coastal suburb centred on Mullaloo Beach and its broad foreshore reserve. Life there revolves around beach walks, surfing, casual cafés near the foreshore and outdoor recreation, with a strong surf life saving presence and easy access to seaside parks and picnic lawns. Housing is mostly detached family homes on modest blocks, with low-rise units and contemporary rebuilds closer to the sand, and Marmion Avenue provides the main road link to nearby shopping and public transport.

About 6,190 people live in Mullaloo, with a median age of 41 and a median household income of $2,447 a week. The community is largely family-based and owner-occupied, with owner-occupiers making up 85.5% of homes. Local projects include a Mullaloo Surf Life Saving Club amenities refurbishment, electrical works at Mullaloo Heights Primary School including a new Western Power substation connection and upgraded site main switchboard, and ongoing coastal works to the foreshore such as widening the shared path and revegetation. Whether Mullaloo suits you depends on how much you value beachside, family-oriented living and owner-occupied neighbourhoods.

Question 2

Is it expensive to live in Mullaloo?

Accepted Answer

Mullaloo's typical household had a median total income of $2,447 a week at the last Census. With house rents around $900 a week, renting a house would take about 36.8% of a typical local household's weekly income at the last Census, a sizeable share. The median house price of $1,670,000 is about 13.1 times a typical local annual household income at the last Census, which sits well above local incomes. Because the income figure is from the last Census while the prices and rents are current, these comparisons may look a little higher than they'd be against today's incomes.

If you're renting rather than buying, the rent share is the most relevant figure; if you're looking to buy, the price multiple shows buying is considerably more stretched against what households there earned at the last Census. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Mullaloo a good place to invest?

Accepted Answer

Over the past 12 months house values in Mullaloo rose 18.2%, a strong increase, while the rent those houses earned edged up 0.6%.

That means capital growth was the stronger performer this year. If rental income is your priority, the small rent rise is the figure to focus on; if capital growth matters more, the house value rise is the key movement. Whether that balance fits your goals and circumstances is for you to judge.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.67M	N/A
Change in value Past 12 months	18.2%	N/A
Sold Past 3 months	18	N/A
Median days on market Past 12 months	9	N/A
Average rent Past 12 months	$900	N/A
Change in rent Past 12 months	0.6%	N/A

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