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Mullumbimby suburb profile

Mullumbimby, often referred to as the "Biggest Little Town in Australia," is a charming and eclectic suburb located in the Northern Rivers region of New South Wales. Nestled at the foot of Mount Chincogan, it offers a unique blend of rural tranquility and vibrant community spirit. Known for its alternative lifestyle, Mullumbimby attracts artists, musicians, and those seeking a laid-back atmosphere. The town boasts a variety of local markets, organic cafes, and boutique shops, reflecting its creative and sustainable ethos. With its close proximity to Byron Bay and stunning natural surroundings, Mullumbimby is a popular destination for those looking to enjoy a relaxed yet culturally rich lifestyle.

Mullumbimby property market performance

Mullumbimby's property market has shown stability over the past 12 months with house values experiencing a slight increase of 0.9%, bringing the median house price to $1.12 million. The unit market is limited, with minimal sales activity, reflecting a lack of available data for median values.

Over the last 12 months, 21 houses have been sold, with properties on the market for a median of 73 days, indicating a slower turnover. The unit market has seen virtually no movement, suggesting limited buyer interest or availability.

The rental market in Mullumbimby has been notably dynamic, with house rents rising by 18.8% to an average of $950. Meanwhile, unit rents have increased by 9.1%, with an average of $600, highlighting strong demand, particularly in the housing segment.

HousesUnits
Median price
Past 3 months
$1.08MN/A
Change in value
Past 12 months
0.9%N/A
Sold
Past 3 months
264
Median days on market
Past 12 months
66N/A
Average rent
Past 12 months
$950$610
Change in rent
Past 12 months
18.8%10.9%

5 year median price trend for houses and units

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Mullumbimby demographics

Mullumbimby, affectionately known as "Mullum," is a charming town located in the Northern Rivers region of New South Wales. With a population of 4,180, it offers a unique blend of rural tranquility and vibrant community life. The median age of 45 suggests a mature population, with many residents enjoying the laid-back lifestyle that Mullumbimby is renowned for. The town's appeal lies in its picturesque surroundings, alternative culture, and close-knit community, making it a popular choice for families, retirees, and those seeking a slower pace of life.

Housing in Mullumbimby reflects a mix of ownership and rental opportunities. A significant 39.7% of properties are owned outright, indicating a stable community with long-term residents. Meanwhile, 29% of homes are owned with a mortgage, and 31.3% are rented, providing options for both established homeowners and those looking to enter the property market. The town's family dynamics are diverse, with couple families with children making up 37.3% of the population, closely followed by couple families without children at 36.1%, and one-parent families at 25.1%.

Mullumbimby's economy is supported by a mix of local businesses, agriculture, and tourism, with the town serving as a gateway to the stunning hinterland and nearby beaches. The median total household income of $1,355 per week reflects the town's modest yet comfortable living standards. Mullumbimby is a place where community spirit thrives, with regular markets, cultural events, and a strong emphasis on sustainability and creativity, making it a beloved destination for those seeking a harmonious blend of nature and community.

Suburbs near Mullumbimby

Some popular suburbs near Mullumbimby include:

  • Mullumbimby Creek: Known for its lush landscapes and rural charm, Mullumbimby Creek is located directly west of Mullumbimby.
  • Myocum: Offering a serene rural lifestyle with expansive properties, Myocum lies to the east of Mullumbimby.
  • Brunswick Heads: Famous for its beautiful beaches and relaxed coastal vibe, Brunswick Heads is situated to the northeast of Mullumbimby.
  • Ocean Shores: Known for its coastal living and golf course, Ocean Shores is located to the north of Mullumbimby.
  • New Brighton: Featuring pristine beaches and a peaceful atmosphere, New Brighton is situated to the northeast of Mullumbimby.

How does Mullumbimby compare to nearby suburbs?

  • Median house prices: Mullumbimby’s median house price is 12.1% lower than Ocean Shores’s.
  • House price growth: Over the past 12 months, house prices in Mullumbimby have grown 8.8% higher than in Brunswick Heads.
  • Selling speed for houses: Properties in Mullumbimby are selling 15.4% faster than in Brunswick Heads.

Choose the right real estate agents in Mullumbimby

Choosing the right real estate agent in Mullumbimby can have a big impact on your sale. While there are 41 real estate agents working in the suburb, but just 5 of them were responsible for 51.9% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.88% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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