Suburb Profile Report for Murrumbateman NSW (2582)

Murrumbateman House: Median price $795,000, Annual capital growth 4.64%, Number of sales 52, Weekly median advertised rent $545

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

Source: CoreLogic

  • House Report

With a capital gain of 7.87% for the last 12 months, Murrumbateman, 2582 has performed for property investments than its average annual 4.64% property growth over the last 5 years.

A 16.06% growth in median value for property investors in Murrumbateman,2582 puts this suburb at number 214th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Murrumbateman should be aiming for at least -3.81% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Murrumbateman the average time real estate has been on the market is 116.54 days.

Using the current median advertised rental of $545 and the average annual increase in value of a median property of 4.64%, investors should hope to achieve an overall return of 3.56%

HOUSE UNIT
$795,000 N/A
6.35% N/A
7.87% N/A
4.64% N/A
$545 N/A
52 N/A
3.56% N/A
116.54 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2846
Median household income ($/weekly) 2442
Median age of persons 37
Median housing loan repayment ($/monthly) 2600
Average household size 3
  • Census Count Percent(%)
    5-14 years 499 17.5
    25-34 years 252 8.9
    35-44 years 522 18.3
    45-54 years 479 16.8
    55-64 years 372 13.1
    Others 723 25.4
    Age Group
    Census Count Percent(%)
    Registered Married 1231 64.0
    Not Married 475 24.7
    Defacto Relationship 216 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2302 85.6
    Greece 18 0.7
    Papua New Guinea 29 1.1
    United Kingdom 172 6.4
    Other 58 2.2
    Others 111 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.4
    Christianity 1773 67.9
    Islam 6 0.2
    Other Religious Groups 18 0.7
    No Religion 798 30.6
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 103 13.0
    $2,000-$2,499 114 14.4
    $2,500-$2,999 118 14.9
    $3,000-$3,499 102 12.9
    $4,000 or more 100 12.7
    Others 253 32.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1055 51.9
    Not in the labour force 445 21.9
    Employed, worked part-time 394 19.4
    Employed, away from work 103 5.1
    Unemployed, looking for work 34 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 305 19.7
    Professionals 403 26.0
    Technicians & trades workers 190 12.2
    Community & personal service workers 127 8.2
    Clerical & administrative workers 299 19.3
    Others 228 14.7
    Occupation
    Census Count Percent(%)
    Pre-school 78 9.9
    Infants/Primary 324 41.0
    Secondary 232 29.3
    Technical or Further Educational Institution 50 6.3
    University or other Tertiary Institutions 93 11.8
    Others 14 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2592 99.6
    Caravan, cabin, houseboat 4 0.2
    Improvised home, tent, sleepers out 4 0.2
    Semi-detached, row or terrace house, townhouse 3 0.1
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 561 64.5
    Fully owned 242 27.8
    Rented 67 7.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals