Suburb Profile Report for Murwillumbah NSW (2484)

Murwillumbah House: Median price $410,000, Annual capital growth 3.13%, Number of sales 171, Weekly median advertised rent $400

Murwillumbah Unit: Median price $240,000, Annual capital growth 6.64%, Number of sales 40, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Murwillumbah has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.33%

When looking at the potential capital gains offered to property investors over the last 3 years, Murwillumbah comes in at number 946th in NSW.

Our latest figures would indicate that property sellers in Murwillumbah are currently offering property investors an average price cut of -3.59% below the asking price at the moment.

In the last year 171 properties changed hands in Murwillumbah, which puts it as the 91th most active market in NSW when comparing the number of sales per suburb.

Investment property in Murwillumbah has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 23.08%

A 29.73% growth in median value for property investors in Murwillumbah,2484 puts this suburb at number 134th in terms of best performing suburbs in NSW

Murwillumbah, 2484 is offering NSW ‘s 160th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.

Renters in Suburb are facing rents around $4080 per annum or $340 every week.

HOUSE UNIT
$410,000 $240,000
2.50% 3.90%
9.33% 23.08%
3.13% 6.64%
$400 $340
171 40
5.07% 7.37%
80.69 88.81

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6342
Median household income ($/weekly) 770
Median age of persons 43
Median housing loan repayment ($/monthly) 1709
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 818 12.9
    35-44 years 741 11.7
    45-54 years 880 13.9
    55-64 years 721 11.4
    65-74 years 606 9.6
    Others 2576 40.6
    Age Group
    Census Count Percent(%)
    Registered Married 2044 45.7
    Not Married 2040 45.6
    Defacto Relationship 390 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5331 88.3
    Indonesia 62 1.0
    Papua New Guinea 111 1.8
    United Kingdom 254 4.2
    Other 80 1.3
    Others 202 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 82 1.4
    Christianity 4048 70.5
    Hinduism 118 2.1
    Other Religious Groups 103 1.8
    No Religion 1376 24.0
    Others 13 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 273 12.4
    $400-$599 395 17.9
    $600-$799 328 14.9
    $800-$999 249 11.3
    $1,500-$1,999 215 9.7
    Others 748 33.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2330 48.6
    Employed, worked full-time 1230 25.7
    Employed, worked part-time 854 17.8
    Unemployed, looking for work 216 4.5
    Employed, away from work 163 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 376 16.7
    Technicians & trades workers 340 15.1
    Clerical & administrative workers 276 12.3
    Sales 275 12.2
    Labourers 304 13.5
    Others 679 30.2
    Occupation
    Census Count Percent(%)
    Pre-school 103 7.3
    Infants/Primary 533 38.0
    Secondary 436 31.1
    Technical or Further Educational Institution 166 11.8
    University or other Tertiary Institutions 133 9.5
    Others 33 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4870 83.6
    Flat, unit or apartment 476 8.2
    Semi-detached, row or terrace house, townhouse 450 7.7
    House or flat attached to a shop, office 26 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 884 37.3
    Rented 752 31.7
    Being purchased 718 30.3
    Other tenure type 15 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals