Mulgowie, located in the Lockyer Valley region of Queensland, offers a unique blend of rural charm and affordability, making it an increasingly attractive option for homebuyers. The housing market in Mulgowie is characterized by its comparatively lower prices when contrasted with urban areas, providing an opportunity for first-time buyers and investors looking for value. With its expansive landscapes and agricultural heritage, homes in Mulgowie often come with larger plots of land, appealing to those seeking space and tranquility. While the region hasn't seen the rapid price inflation that metropolitan areas have experienced, its steady growth and relatively stable market make it a sound investment choice.
Living in Mulgowie offers a serene lifestyle with a strong sense of community, ideal for families and individuals who appreciate country living. Residents benefit from the picturesque scenery that the Lockyer Valley provides, as well as a slower pace of life that allows them to escape the hustle and bustle of city living. Despite its rural setting, Mulgowie is well-connected to nearby towns and amenities, ensuring that essential services and shops are within a reasonable distance. The community hosts local events, such as farmers markets and regional fairs, which foster a close-knit atmosphere and celebrate the rich agricultural history of the area. For nature enthusiasts and those seeking a peaceful environment, Mulgowie offers a welcoming and fulfilling lifestyle.
Median Weekly Rent | $261.20 |
Median Monthly Mortgage | $1585.00 |
Median Persons Per bed houseroom | 0.76 |
Average Household Size | 2.60 |
Average Age | 47.80 |
Average Income | $683.60 |
Average Cars Per Dwelling | 2.48 |
Average Properties Within 50M | 1 |
Typical 3 bed house | $848,000 |
Typical 4 bed house | $861,000 |
Typical 5 bed house | $977,000 |
Typical 6 bed+ house | $1,366,000 |
Housing Stock
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Thinking about buying in Mulgowie? Now could not be a better time, with just 149 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $853,000 with prices in this suburb ranging from $424,000 to $1,881,000. The aproximate distance to the coast is 77 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Mulgowie is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Mulgowie changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Mulgowie requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Mulgowie we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mulgowie a better buying opportunity than it may have been in the past.
Instant Property Valuation13 Red Gap Road, Mulgowie, QLD, 4341 | 3 | 2 | 5 | $1,049,000 |
None within suburb boundary
(While the above schools are located with the suburb of Mulgowie there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 3.0 | 19.2 | 33.1 | 39.7 | 89.3 | 3.3 | 23.5 |
Feb | 3.2 | 19.2 | 32.1 | 42.1 | 89.5 | 3.2 | 21.0 |
Mar | 3.2 | 18.3 | 30.3 | 46.2 | 90.0 | 2.9 | 18.0 |
Apr | 1.2 | 13.8 | 27.6 | 43.4 | 91.5 | 2.7 | 16.9 |
May | 1.2 | 10.1 | 24.4 | 41.2 | 88.7 | 2.9 | 14.0 |
Jun | 1 | 8 | 21.7 | 46.2 | 90.9 | 3.0 | 12.2 |
Jul | 0.7 | 6.7 | 21.8 | 40.5 | 88.9 | 3.0 | 13.3 |
Aug | 0.6 | 6.4 | 24.1 | 31.3 | 85.0 | 3.2 | 16.4 |
Sept | 0.7 | 9.4 | 27.1 | 29.3 | 86.1 | 3.1 | 20.2 |
Oct | 1.9 | 13.0 | 29.2 | 33.8 | 88.4 | 3.1 | 22.9 |
Nov | 1.5 | 16.3 | 32.8 | 29.4 | 85.0 | 3.4 | 26.7 |
Dec | 3.3 | 18.3 | 32.0 | 40.4 | 89.2 | 3.2 | 24.2 |
source: Australian Government Bureau of Meteorology
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