Suburb Profile Report for Murgon QLD (4605)

Murgon House: Median price $155,000, Annual capital growth 2.26%, Number of sales 22, Weekly median advertised rent $210

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Murgon, 4605 have given investors a capital gain of 19.23%. This compares very favourably with the 2.44% for QLD as a whole.

If we look at median property appreciation over just the last three months, Murgon has given property investors a paper return of -4.62%. This puts Suburb as 788 on a list of fastest fasting appreciating suburbs in QLD

Property buyers and investors in Murgon 4605 should be seeing an average reduction in asking price of around -10.51% . This means that Murgon is holding prices well when compared to other suburbs in QLD.

The QLD suburb of Murgon, 4605 is in the South Burnett local government area.

Metrics i HOUSE UNIT
$155,000 N/A
-4.62% N/A
19.23% N/A
2.26% N/A
$210 N/A
22 N/A
7.05% N/A
118.46 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (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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Recent sales & rentals