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Mumbannar, VIC 3304

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$590,000

list-price estimate

Median Unit

$110,000

list-price estimate

Gross Yield (houses)

4.3%

1yr Growth

-

Investment snapshot for Mumbannar

Mumbannar has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Investment score breakdown

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Mumbannar market and investor summary

In Mumbannar, VIC 3304, houses show a gross rental yield of 4.3%. At 0.5% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.3% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 153 days on market, so plan for a slower exit if you ever need one.

Living in Mumbannar: people, income and schools

Mumbannar is home to around 100 people, a number that has held fairly steady over five years. At a median age of 57, it reads as an older, established demographic, and 92% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $93,000 a year (about $1,780 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).

Population
100
-1% over 5yr
Median age
57 years
Median household income
$93,000/yr
Households renting
8%
Family households
80%
Socio-economic rank
2/10
ABS advantage index
Unemployment
2.3%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Mumbannar

No properties currently listed in Mumbannar

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Frequently asked questions about Mumbannar

What should I check before investing in Mumbannar?

Mumbannar has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.3% gives a usable rent-to-price starting point. Tight rental market (0.5% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What rental yield does Mumbannar show?

The gross rental yield in Mumbannar is 4.3% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Mumbannar?

The current vacancy rate in Mumbannar is 0.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Mumbannar?

Mumbannar has a population of approximately 100 residents, with a median age of 57.

Is Mumbannar's population growing?

The population of Mumbannar has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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