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Suburb Insights · SA 5608

Mullaquana, SA 5608 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Mullaquana is a coastal suburb in South Australia, Australia, with a population of approximately 272, making it a boutique locality. Located approximately 230 km from the Adelaide CBD, Mullaquana is a coastal area in South Australia. The median household income is $81,900 per year.

Investment Score

41 / 100 Moderate

Moderate income levels in Mullaquana indicate steady rental demand from working households. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Adelaide
Mullaquana
South Australia · 5608
230 km from Adelaide CBD
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Key Indicators

Postcode
5608

Official Australia Post postcode for Mullaquana. A postcode may cover multiple suburbs.

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Population
272

Usual resident population at the most recent census.

Median weekly rent
$250/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$81,900/yr

Annual median household income (before tax) across all households.

Distance to CBD
230 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,625/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
76% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Mullaquana is a smaller community of 272 — about 7% of the South Australia suburb median (3,699) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $81,900/year, household income in Mullaquana is within 1% of the South Australia median ($80,964), placing the suburb firmly in the state's mainstream demographic band. Median rent of $250/week (~$1,083/month) covers only 67% of the median mortgage of $1,625/month — the remaining $542/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. Mullaquana is 230 km from Adelaide, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Mullaquana vs South Australia Median

How Mullaquana stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Mullaquana sits above the state median; negative means below.

MetricMullaquanaSA medianΔ vs state
Population2723,699-93%
Median household income$81,900/yr$80,964/yr+1%
Median rent (weekly)$250$320-22%
Median mortgage (monthly)$1,625$1,616+1%
Distance to CBD230 km13 km+1669%
Separate houses76%73%+3pp

Investor Checklist

Pre-inspection briefing for Mullaquana — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 272 means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $250/week covers 67% of a $1,625/month mortgage, leaving a $542/month gap that an investor bridges with equity, depreciation and tax benefits.

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Renovation / Flip

With 76% houses in a 272-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Mullaquana property

Full Property Analysis

30-year projections for Mullaquana

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Mullaquana are modest for 2026 — incomes close to the SA median of $80,964 and a population of 272 suggest gains will lag headline metro markets. Rental coverage runs at ~67% of the typical mortgage ($1,083/month rent vs $1,625/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 41/100 places Mullaquana in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Mullaquana a good suburb for investment?

Mullaquana scores 41/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 272, median household income of $81,900/year and median weekly rent of $250. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Mullaquana?

The main demand drivers in Mullaquana are an above-state-median household income of $81,900/year, a dwelling mix that is 76% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Mullaquana?

Mullaquana has a usual resident population of approximately 272, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Mullaquana from the Adelaide CBD?

Mullaquana sits 230 km straight-line from the Adelaide CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Mullaquana?

The most recent census recorded a median weekly rent of $250 in Mullaquana, equating to approximately $13,000/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Mullaquana?

The median monthly mortgage repayment in Mullaquana is $1,625, or approximately $19,500/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Mullaquana cash-flow positive for investors?

A median weekly rent of $250 works out to $1,083/month, covering 67% of the median mortgage repayment of $1,625/month. That leaves a $542/month shortfall (around $6,504/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Mullaquana?

The main risks are a thin buyer pool (272 residents), interest-rate sensitivity on the $1,625 median mortgage, the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Mullaquana profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

South Australia Property Resources