Suburb Profile Report for Murgon QLD (4605)

Murgon House: Median price $158,750, Annual capital growth 3.92%, Number of sales 22, Weekly median advertised rent $200

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

Source: CoreLogic

  • House Report

At number 401th in the list of Australian suburbs ordered by increase in median house value over the last year, Murgon, 4605 is in the top 10% with a property value increase of 16.51% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Murgon,4605 has racked up an average of 16.51% over the period. This ranks it number 3748th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Murgon is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 140th in terms of most discounted suburbs in QLD

HOUSE UNIT
$158,750 N/A
0.47% N/A
16.51% N/A
3.92% N/A
$200 N/A
22 N/A
6.55% N/A
116.3 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 2496
Median household income ($/weekly) 782
Median age of persons 40
Median housing loan repayment ($/monthly) 1083
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 371 14.9
    35-44 years 299 12.0
    45-54 years 273 10.9
    55-64 years 327 13.1
    65-74 years 269 10.8
    Others 957 38.3
    Age Group
    Census Count Percent(%)
    Registered Married 844 49.9
    Not Married 667 39.4
    Defacto Relationship 180 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2123 91.4
    Papua New Guinea 27 1.2
    Philippines 16 0.7
    United Kingdom 71 3.1
    Other 27 1.2
    Others 58 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1789 81.5
    Hinduism 9 0.4
    Islam 9 0.4
    Other Religious Groups 15 0.7
    No Religion 367 16.7
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 91 11.0
    $400-$599 152 18.4
    $600-$799 133 16.1
    $800-$999 86 10.4
    $1,000-$1,249 83 10.0
    Others 282 34.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 784 44.0
    Employed, worked full-time 547 30.7
    Employed, worked part-time 341 19.1
    Unemployed, looking for work 65 3.6
    Employed, away from work 46 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 104 11.2
    Professionals 134 14.4
    Technicians & trades workers 131 14.1
    Community & personal service workers 163 17.5
    Labourers 138 14.8
    Others 261 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 31 6.3
    Infants/Primary 236 47.7
    Secondary 150 30.3
    Technical or Further Educational Institution 45 9.1
    University or other Tertiary Institutions 23 4.6
    Others 10 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2135 95.5
    Flat, unit or apartment 82 3.7
    Caravan, cabin, houseboat 10 0.4
    Semi-detached, row or terrace house, townhouse 9 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 326 37.6
    Rented 302 34.8
    Being purchased 240 27.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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