Mulwala, located on the banks of the mighty Murray River and bordering the thriving town of Yarrawonga, is a picturesque town in New South Wales known for its beautiful landscapes, warm community spirit, and a plethora of recreational activities. The region boasts a vibrant lifestyle with excellent amenities, making it an appealing destination for families, retirees, and first-home buyers. This article explores the best residential areas in Mulwala, detailing their characteristics, housing options, and average prices.
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Mulwala Central

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Mulwala Central is the heart of the town, full of local shops, cafes, and essential services. It’s ideal for those who value convenience and an active community vibe.
Characteristics of the Mulwala Central
* Culture: Community events, local markets, and friendly neighbourhood
* Transportation: Good public transport access, walking distance to most amenities
* Services: Supermarkets, cafes, post office, and community centre
* Environment: Vibrant and welcoming
Housing Options in the Mulwala Central
Units, Townhouses, Single-family homes
Average Home Prices in the Mulwala Central
* Buying: $350,000 – $550,000
* Renting: $400 – $600/month
Lake Mulwala Area

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The Lake Mulwala area offers a stunning waterfront lifestyle perfect for fishing, boating, and relaxing by the water. It's ideal for holidaymakers and retirees looking for a peaceful environment.
Characteristics of the Lake Mulwala Area
* Culture: Water activities, fishing culture, and local wildlife
* Transportation: Car essential for some facilities, but close to the lakefront
* Services: Restaurants, fishing shops, and boating services
* Environment: Serene and natural
Housing Options in the Lake Mulwala Area
Riverside properties, Villas, Luxury homes
Average Home Prices in the Lake Mulwala Area
* Buying: $450,000 – $750,000
* Renting: $500 – $800/month
Mulwala Caravan Park Area

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The Mulwala Caravan Park area is popular for those seeking a more relaxed lifestyle. It draws both permanent residents and holidaymakers who enjoy the picturesque riverfront.
Characteristics of the Mulwala Caravan Park Area
* Culture: Holiday atmosphere, outdoor activities
* Transportation: Limited public transport, walking-friendly
* Services: Basic amenities within the caravan park, nearby shops
* Environment: Relaxed and holiday-like
Housing Options in the Mulwala Caravan Park Area
Caravans, Cabins, Vacation rentals
Average Home Prices in the Mulwala Caravan Park Area
* Buying: $300,000 – $450,000
* Renting: $350 – $550/month
Wattle Avenue Area

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The Wattle Avenue area is known for its leafy streets and family-friendly ambiance, making it popular among families and retirees.
Characteristics of the Wattle Avenue Area
* Culture: Family-oriented, with parks and playgrounds
* Transportation: Accessible by car and local community transport
* Services: Schools, parks, and local convenience stores
* Environment: Safe and welcoming
Housing Options in the Wattle Avenue Area
Single-family homes, Duplexes, Granny flats
Average Home Prices in the Wattle Avenue Area
* Buying: $400,000 – $600,000
* Renting: $450 – $700/month
Silverwoods Estate

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Silverwoods Estate is a newer development that offers modern homes with a focus on sustainability and community living. This area attracts young families and professionals.
Characteristics of the Silverwoods Estate
* Culture: Modern community initiatives, active lifestyle
* Transportation: Car necessary, but positioned near main roads
* Services: Access to new amenities, parks, and nearby schools
* Environment: Contemporary and vibrant
Housing Options in the Silverwoods Estate
New homes, Townhouses
Average Home Prices in the Silverwoods Estate
* Buying: $500,000 – $800,000
* Renting: $550 – $850/month
Bidgee Street Area

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This area is known for its spacious properties and quiet streets, suitable for gardening enthusiasts and those who enjoy serene living.
Characteristics of the Bidgee Street Area
* Culture: Gardening, peaceful living, strong neighbourhood ties
* Transportation: Car dependent, close to main routes
* Services: Nearby schools, supermarkets, and medical facilities
* Environment: Quiet and tranquil
Housing Options in the Bidgee Street Area
Large plots, Single-family homes, Renovated houses
Average Home Prices in the Bidgee Street Area
* Buying: $400,000 – $600,000
* Renting: $450 – $700/month
Frequently Asked Questions About the Best Residential Areas in Mulwala:
Wattle Avenue Area and Silverwoods Estate are the most family-friendly suburbs in Mulwala, offering schools and parks.
The Lake Mulwala area is well-known for its stunning waterfront properties ideal for fishing and recreational activities.
Yes, Mulwala Central offers convenient access to shops, cafes, and community services, making it a vibrant place to live.
Average prices range from $300,000 for properties in Mulwala Caravan Park Area to over $750,000 for luxury homes in Lake Mulwala Area.
Yes, various rental properties are available across Mulwala, with prices varying from $350 to $850 per month.
Mulwala offers supermarkets, cafes, schools, parks, and various recreational activities, especially along Lake Mulwala.
Public transport options are limited, but many areas are walking-friendly, and cars are recommended for easier commuting.
Yes, Mulwala is considered a safe and family-friendly community with a low crime rate.
The lifestyle in the Lake Mulwala area is relaxed, with many recreational activities such as fishing, boating, and water sports.
Property auctions occur regularly, especially for popular areas like Mulwala Central and Silverwoods Estate.
Conclusion on the Best Residential Areas in Mulwala:
Mulwala presents a variety of residential areas, each catering to different lifestyles whether you seek a vibrant community central to amenities, a peaceful lakeside retreat, or a modern estate that promotes an active lifestyle. From the serene Lake Mulwala area to the bustling Mulwala Central, there is something for everyone. The properties vary in type and pricing, ensuring options for first-home buyers, families, and retirees alike. Choosing the right suburb in Mulwala will depend largely on your lifestyle preferences, proximity to services, and desired community ambiance. With its striking landscapes and welcoming community, Mulwala offers an exceptional quality of life.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.