Suburb Profile Report for Murtoa VIC (3390)

Murtoa House: Median price $91,250, Annual capital growth 4.73%, Number of sales 19, Weekly median advertised rent $163

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

Source: CoreLogic

  • House Report

Investment property in Murtoa has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.88%

The five-year average increase in median property values for Murtoa,3390 has given property investors a potential capital gain of -28.71% across each of those five years.

Murtoa, 3390 is offering VIC ‘s 68th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.

Often selling an investment property can take time, and in Murtoa the average time real estate has been on the market is 89.58 days.

Murtoa is 2nd on a list of best yielding suburbs for rents in VIC with a 9.26% return

HOUSE UNIT
$91,250 N/A
-8.70% N/A
-1.88% N/A
4.73% N/A
$163 N/A
19 N/A
9.26% N/A
89.58 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 991
Median household income ($/weekly) 795
Median age of persons 47
Median housing loan repayment ($/monthly) 789
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 131 13.2
    35-44 years 111 11.2
    45-54 years 142 14.3
    55-64 years 159 16.0
    65-74 years 112 11.3
    Others 337 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 406 56.9
    Not Married 263 36.9
    Defacto Relationship 44 6.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 900 95.2
    Egypt 3 0.3
    Greece 7 0.7
    Indonesia 3 0.3
    United Kingdom 17 1.8
    Others 15 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 703 77.2
    No Religion 197 21.6
    Other Religious Groups 7 0.8
    Buddhism 4 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 48 13.3
    $400-$599 56 15.5
    $600-$799 53 14.6
    $800-$999 42 11.6
    $1,000-$1,249 39 10.8
    Others 124 34.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 336 44.6
    Employed, worked full-time 244 32.4
    Employed, worked part-time 141 18.7
    Employed, away from work 16 2.1
    Unemployed, looking for work 16 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 88 21.9
    Professionals 69 17.2
    Technicians & trades workers 48 12.0
    Community & personal service workers 40 10.0
    Labourers 55 13.7
    Others 101 25.2
    Occupation
    Census Count Percent(%)
    Pre-school 16 8.1
    Infants/Primary 74 37.4
    Secondary 68 34.3
    Technical or Further Educational Institution 15 7.6
    University or other Tertiary Institutions 15 7.6
    Others 10 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 906 98.1
    Semi-detached, row or terrace house, townhouse 9 1.0
    Flat, unit or apartment 6 0.6
    Caravan, cabin, houseboat 3 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 200 53.1
    Being purchased 94 24.9
    Rented 83 22.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals