Mulbring, NSW 2323
Lake Macquarie City CouncilAll suburbs in postcode 2323
Updated
Median house price
$1,375,000
+25.0% over the past year.
Median of 6 house sales · NSW Valuer General · calendar 2025
Selling in Mulbring?
Get the free selling guide, personalised to Mulbring, or ask for a free appraisal from a local agent.
Mulbring at a glance
- Median unit
- $274,320
- Weekly rent
- $640
- Houses · units $480
- Population
- 682
- Median age 46
Prices: Median of 6 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2323), June 2026 · Population: 2021 Census
House prices in Mulbring
Houses change hands at $1,375,000 on a typical sale, above the NSW median (6 house sales, NSW Valuer General, calendar 2025). Units come in around $274,320, roughly 80% below the house median. The last 12 months delivered strong growth (+25%), well clear of the long-run average for the state.
For sellers
Twelve-month growth is +25%, supporting confident pricing at the upper end of recent comparables.
For buyers
A 20% deposit on the median house works out to roughly $275,000. Prices sit above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of June 2026· NSW rental bond data (postcode 2323)
Free appraisal in Mulbring
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What to know about Mulbring
Mulbring (2323) sits in the Lake Macquarie region of NSW. The median house here is $1,375,000, above the NSW median of around $1.10M. Prices have moved +25% over the past year, well clear of the NSW average (3%).
Mulbring has roughly 682 residents, with an established, older skew. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Mulbring scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 29°C (warm), winter mornings around 6°C (cool). Annual rainfall lands at about 932 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 6 government primary, 1 government secondary, 1 Catholic, 1 independent.
Schools in Mulbring
Location
Walkability
- Walk
- 0/100
- Transit
- 0/100
- Bike
- 0/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Mulbring's population at 682, with a median age of 46. That sits as an established, older skew. Households are predominantly owner-occupied (92% own, 7% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (88% family households, 12% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 88%
- Lone person
- 12%
- Owner occupied
- 92%
- Renter occupied
- 7%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.42% (median rent $640/wk against a $1,375,000 price tag). Units yield 9.10% gross, often the better cash-flow play for first-time investors. Renter share is modest (7%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs. The 12-month growth of +25% adds a capital-growth case on top of the yield.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 2.42%
- On the $1,375,000 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 9.10%
- On the $274,320 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- +25.0%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
16 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 932 mm
- Hottest month, avg max
- 29.1°C
- Coldest month, avg min
- 6.2°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Mulbring
- What is the median house price in Mulbring?
- The median house price in Mulbring, NSW 2323 is $1,375,000 (median of 6 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $274,320. Annual growth is +25.0%.
- How much is my house worth in Mulbring?
- A useful starting point is the Mulbring median house price of $1,375,000 (units $274,320). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Mulbring a good investment?
- On the published figures, the gross rental yield on houses in Mulbring is 2.4%: the median weekly house rent is $640 (NSW rental bond data (postcode 2323), June 2026) against the median house price of $1,375,000 (NSW Valuer General, calendar 2025). The median house price rose 25.0% over 12 months on the same NSW Valuer General figures. Whether Mulbring is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Mulbring postcode?
- Mulbring is in the 2323 postcode, in NSW, in the Lake Macquarie City Council region.
- Where is Mulbring?
- Mulbring is a suburb in the Lake Macquarie City Council area, NSW 2323.
- What is the average rent in Mulbring?
- The median weekly rent for houses is $640, for units it's $480.
- What schools are in Mulbring?
- There are 10 schools serving Mulbring on this page, including Mulbring Public School, West Wallsend Public School, West Wallsend High School.
- How walkable is Mulbring?
- Mulbring has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Mulbring?
- Mulbring is close to Mount Vincent, Richmond Vale, Brunkerville, Elrington, Killingworth.
- What is the population of Mulbring?
- The population of Mulbring is approximately 682 (2021 Census). The median age is 46.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.