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Mungar, QLD 4650
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$670,000
market range $600K-$725K
Median Unit
$900,000
Gross Yield (units)
2.3%
1yr Growth (houses)
+6.8%
market range -10.0% to +17.5%
Investment snapshot for Mungar
Mungar has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mungar market and investor summary
Mungar (QLD 4650) runs a median house price of $670K. House prices have moved +6.8% over the past year. At 1.1% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking. Houses also take time to sell, around 72 days on market, so plan for a slower exit if you ever need one.
Living in Mungar: people, income and schools
Mungar is home to around 328 people, a number that has held fairly steady over five years. The median age is 49, skewed a little older, and 93% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $79,000 a year, or roughly $1,510 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to about 8.5 times local household income, in line with much of metropolitan Australia.
There is 1 school within about 5km, testing below the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 328
- +6% over 5yr
- Median age
- 49 years
- Median household income
- $79,000/yr
- Households renting
- 9%
- Family households
- 79%
- Socio-economic rank
- 1/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 947
- Unemployment
- 7.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mungar
No properties currently listed in Mungar
Search Mungar listings →Frequently asked questions about Mungar
What should I check before investing in Mungar?
Mungar has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +6.8% in the past year shows positive recent price momentum. Tight rental market (1.1% 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 are typical property prices in Mungar?
The median property price in Mungar, QLD 4650 is $670K for houses and $900K for units.
What rental yield does Mungar show?
The gross rental yield in Mungar is 2.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Mungar?
House prices in Mungar are up 6.8% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Mungar?
The current vacancy rate in Mungar is 1.1%. 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 Mungar?
Mungar has a population of approximately 328 residents, with a median age of 49.
What schools are near Mungar?
There are 1 school within roughly 5km of Mungar. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Mungar affordable to buy in?
A median house in Mungar costs about 8.5 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Mungar's population growing?
The population of Mungar has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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