Mundoolun suburb profile
Mundoolun is a picturesque rural suburb located in the Scenic Rim Region of Queensland, offering a serene lifestyle amidst natural beauty. Known for its expansive properties and lush landscapes, Mundoolun attracts those seeking tranquility and space away from the hustle and bustle of city life. The suburb is characterized by its rolling hills, native bushland, and proximity to the Albert River, providing ample opportunities for outdoor activities and nature appreciation. While primarily residential, Mundoolun maintains a close-knit community feel, with easy access to nearby towns for essential services and amenities. Its peaceful environment and scenic vistas make it an appealing choice for families and retirees.
Mundoolun property market performance
Mundoolun's property market has shown positive growth over the past 12 months, with house values increasing by 7.7%. The current median house price stands at $1.045 million. However, there is no data available for units, indicating a lack of unit sales in the area.
In terms of sales activity, only 6 houses have been sold over the last 12 months, with houses spending a median of 30 days on the market, suggesting a relatively quick turnover for the area.
The rental market for houses in Mundoolun has remained stable, with an average rent of $850 over the last 12 months and no change in rental prices. The absence of unit rentals further highlights the focus on houses in this suburb.
Median price - houses$1.04MPast 3 months
Median price - units$0Past 3 months
Change in value - houses6.3%12 months
Change in value - unitsN/A12 months
Houses sold4Past 3 months
Units soldN/APast 3 months
Median DOM - houses29Past 12 months
Median DOM - unitsN/APast 12 months
Average rent - housesN/APast 12 months
Average rent - unitsN/APast 12 months
Change in rent - houses-3.8%Past 12 months
Change in rent - unitsN/APast 12 months
Mundoolun demographics
Mundoolun, nestled in the scenic hinterland of Queensland, offers a tranquil lifestyle with a strong sense of community. With a population of 1,836, this suburb is characterized by its spacious properties and family-friendly environment. The median age of 39 suggests a mature community, with many residents likely to be established professionals and families seeking a peaceful retreat from the hustle and bustle of city life.
The suburb's housing landscape is predominantly owner-occupied, with a significant 72.3% of properties owned with a mortgage, indicating a stable and committed community. Only a small fraction, 5.9%, of the properties are rented, reflecting the suburb's appeal to those looking for long-term settlement. The high percentage of couple families with children, at 50.8%, underscores Mundoolun's reputation as a family-oriented suburb, where children can enjoy the benefits of a safe and nurturing environment.
Mundoolun's residents enjoy a relatively high median household income of $2,255 per week, which supports a comfortable lifestyle amidst the suburb's natural beauty. The area is ideal for those who appreciate the outdoors, with ample opportunities for recreational activities in the surrounding landscapes. Overall, Mundoolun offers a harmonious blend of rural charm and modern convenience, making it an attractive choice for families and individuals seeking a serene yet connected lifestyle.
Mundoolun infrastructure, key developments and investment opportunities
Mundoolun is a rural locality in the City of Logan, about 15 km northeast of Beaudesert. The area has historical significance as one of the first pastoral runs in the Logan/Albert River catchment, established in the 1840s. Key infrastructure includes St John's Church, built in 1901 and now heritage-listed, and the Mundoolun Bridge over the Albert River, which was rebuilt in the late 1980s after flooding.
Recent development has been limited, with Mundoolun retaining its rural character. The population has grown moderately, reaching 1,836 in the 2021 census. Some rural residential subdivisions have occurred, such as The Mundoolun Estate. The area remains popular for its acreage lifestyle, scenic views, and proximity to both Brisbane and the Gold Coast, while still offering a peaceful country setting. No major new infrastructure projects are currently reported.
Mundoolun rental market trends
The rental market in Mundoolun has remained stable, with house rents holding steady at $850 per week over the past year. There is no data available for unit rents, indicating a potential lack of unit rental properties in the area. Mundoolun offers a consistent rental environment, appealing to those seeking a stable investment in a serene setting.
Suburbs near Mundoolun
Some popular suburbs near Mundoolun include: