Thinking about buying in Mungay Creek? Now could not be a better time, with just 73 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $591,000 with prices in this suburb ranging from $73,000 to $1,055,000. The aproximate distance to the coast is 27 Km.
Median Weekly Rent | $302.17 |
Median Monthly Mortgage | $1134.33 |
Median Persons Per Bedroom | 0.83 |
Average Household Size | 2.67 |
Average Age | 51.67 |
Average Income | $538.17 |
Average Cars Per Dwelling | 2.10 |
Average Properties Within 50M | 1 |
3 Bed  $590,000 |
4 Bed  $913,000 |
In Mungay Creek there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Mungay Creek 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. Low average earnings from people in Mungay Creek leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Mungay Creek the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Willawarrin Public School
(While the above schools are located with the suburb of Mungay Creek 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 | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
28-06-2024 | $600,000 | 342 MUNGAY CREEK RD |
18-01-2024 | $600,000 | 403 MUNGAY CREEK RD |
17-04-2023 | $460,000 | 64 OLD SCHOOL HOUSE LANE |
08-06-2022 | $900,000 | 88 JIN-SHA LANE |
16-03-2022 | $390,000 | 14 EARTH FIRST RD |
15-12-2021 | $220,000 | 1019 MUNGAY CREEK RD |
18-11-2021 | $580,000 | 326 MUNGAY CREEK RD |
30-03-2021 | $475,000 | 5 DENNIS RD |
21-10-2020 | $425,000 | 156 DENNIS RD |
09-10-2020 | $585,000 | 766 MUNGAY CREEK RD |
17-07-2019 | $550,000 | 88 JIN-SHA LANE |
21-03-2019 | $285,000 | 156 DENNIS RD |
27-02-2019 | $725,000 | 811 MUNGAY CREEK RD |
15-12-2017 | $515,000 | 50 DENNIS RD |
02-11-2017 | $60,000 | 27 EARTH FIRST RD |
10-03-2017 | $545,000 | 982 MUNGAY CREEK RD |
26-09-2016 | $439,000 | 88 JIN-SHA LANE |
12-02-2016 | $73,000 | 14 EARTH FIRST RD |
10-11-2014 | $440,000 | 50 DENNIS RD |
08-05-2014 | $255,000 | 32 EARTH FIRST RD |
07-03-2014 | $289,000 | 508 MUNGAY CREEK RD |
27-02-2014 | $212,000 | 173 MUNGAY CREEK RD |
14-11-2013 | $320,000 | 326 MUNGAY CREEK RD |
31-07-2013 | $330,000 | 810 MINES RD |
21-01-2013 | $135,000 | 80 EARTH FIRST RD |
09-11-2012 | $260,000 | 342 MUNGAY CREEK RD |
21-10-2011 | $341,000 | 315 MUNGAY CREEK RD |
10-06-2011 | $207,500 | 624 MUNGAY CREEK RD |
08-11-2010 | $347,000 | 377 MUNGAY CREEK RD |
08-09-2010 | $251,000 | 64 OLD SCHOOL HOUSE LANE |
25-08-2010 | $338,000 | 746 MINES RD |
26-05-2010 | $437,500 | 1776 ARMIDALE RD |
05-06-2009 | $520,000 | 982 MUNGAY CREEK RD |
22-05-2009 | $270,000 | 600 MUNGAY CREEK RD |
05-01-2009 | $250,000 | 465 MUNGAY CREEK RD |
19-12-2008 | $250,000 | 600 MUNGAY CREEK RD |
21-07-2008 | $270,000 | 600 MUNGAY CREEK RD |
18-06-2008 | $268,000 | 839 MINES RD |
09-05-2008 | $255,000 | 32 EARTH FIRST RD |
12-07-2007 | $310,000 | 51 DENNIS RD |
04-07-2007 | $210,000 | 1816 ARMIDALE RD |
16-03-2007 | $480,000 | 1776 ARMIDALE RD |
02-02-2006 | $360,000 | 5 DENNIS RD |
08-07-2005 | $190,000 | 173 MUNGAY CREEK RD |
20-05-2005 | $423,500 | 88 JIN-SHA LANE |
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