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Broadmeadow vs Mullumbimby

Property investment comparison - Broadmeadow, NSW 2292 vs Mullumbimby, NSW 2482

Head-to-head across core investment metrics: Broadmeadow wins 3, Mullumbimby wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBroadmeadowMullumbimby
Median house price$1.2M$1.2M
Median unit price$750K$760K
Gross rental yield (houses)-4.39%
Gross rental yield (units)3.90%3.74%
1-year house growth+6.0%estimate+4.5%
3-year house growth-+16.4%
Vacancy rate2.6%0.8%
Population1,6884,180

Broadmeadow vs Mullumbimby: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.2M in Broadmeadow and $1.2M in Mullumbimby.

For units, Broadmeadow sits at a median of $750K against $760K in Mullumbimby, which makes Broadmeadow the more affordable unit market and Mullumbimby the pricier one.

Over the past year house prices moved +6.0% in Broadmeadow (an estimate) and +4.5% in Mullumbimby, so recent momentum favours Broadmeadow, although both suburbs recorded growth.

Rental vacancy is 0.8% in Mullumbimby and 2.6% in Broadmeadow, so landlords in Mullumbimby face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mullumbimby is the bigger suburb, with a population of 4,180 against 1,688, roughly 2.5 times the size of Broadmeadow; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Broadmeadow for recent price momentum, Mullumbimby for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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