Suburb Profile Report for Murrurundi NSW (2338)

Murrurundi House: Median price $175,000, Annual capital growth 4.50%, Number of sales 25, Weekly median advertised rent $240

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in Murrurundi, 2338 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -20.45%

The five-year average increase in median property values for Murrurundi,2338 has given property investors a potential capital gain of -3.45% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Murrurundi is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 27th in terms of most discounted suburbs in NSW

Residents and property investors in Murrurundi have been waiting around 126.71 days to sell a property.

Metrics i HOUSE UNIT
$175,000 N/A
-23.91% N/A
-20.45% N/A
4.50% N/A
$240 N/A
25 N/A
7.13% N/A
126.71 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 847
Median household income ($/weekly) 641
Median age of persons 46
Median housing loan repayment ($/monthly) 815
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 95 11.2
    35-44 years 99 11.7
    45-54 years 107 12.6
    55-64 years 134 15.8
    65-74 years 106 12.5
    Others 307 36.2
    Age Group
    Census Count Percent(%)
    Not Married 286 46.0
    Registered Married 261 42.0
    Defacto Relationship 75 12.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 719 91.8
    Italy 6 0.8
    Malaysia 8 1.0
    Papua New Guinea 13 1.7
    United Kingdom 21 2.7
    Others 16 2.0
    Country of Birth
    Census Count Percent(%)
    Christianity 639 81.7
    No Religion 123 15.7
    Islam 14 1.8
    Buddhism 6 0.8
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 44 14.4
    $400-$599 62 20.3
    $600-$799 45 14.7
    $800-$999 25 8.2
    $1,000-$1,249 26 8.5
    Others 104 34.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 327 48.7
    Employed, worked full-time 189 28.1
    Employed, worked part-time 110 16.4
    Unemployed, looking for work 26 3.9
    Employed, away from work 20 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 31 9.6
    Technicians & trades workers 71 22.0
    Community & personal service workers 41 12.7
    Machinery operators & drivers 40 12.4
    Labourers 61 18.9
    Others 79 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 9 6.1
    Infants/Primary 58 39.2
    Secondary 48 32.4
    Technical or Further Educational Institution 27 18.2
    University or other Tertiary Institutions 3 2.0
    Others 3 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 721 94.7
    Semi-detached, row or terrace house, townhouse 6 0.8
    Flat, unit or apartment 7 0.9
    Caravan, cabin, houseboat 9 1.2
    House or flat attached to a shop, office 15 2.0
    Others 3 0.4
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 145 42.9
    Being purchased 104 30.8
    Rented 89 26.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals