Suburb Profile Report for Murchison VIC (3610)

Murchison House: Median price $189,000, Annual capital growth 5.06%, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 8.96% which means that Murchison, 3610 has done well for property investors by showing a capital gain of 5.00% over the last year

Murchison,3610 was ranked 1966 in Australia by increase in median property value over the quarter.

Metrics i HOUSE UNIT
$189,000 N/A
1.61% N/A
5.00% N/A
5.06% N/A
N/A N/A
13 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1046
Median household income ($/weekly) 836
Median age of persons 45
Median housing loan repayment ($/monthly) 1135
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 137 13.1
    35-44 years 133 12.7
    45-54 years 150 14.3
    55-64 years 159 15.2
    65-74 years 128 12.2
    Others 340 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 382 52.1
    Not Married 253 34.5
    Defacto Relationship 98 13.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 894 90.0
    Papua New Guinea 12 1.2
    Philippines 13 1.3
    United Kingdom 28 2.8
    Other 16 1.6
    Others 30 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 706 74.8
    No Religion 230 24.4
    Buddhism 4 0.4
    Other Religious Groups 4 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 30 8.7
    $400-$599 42 12.2
    $600-$799 59 17.2
    $800-$999 40 11.7
    $1,500-$1,999 40 11.7
    Others 132 38.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 292 37.9
    Employed, worked full-time 275 35.7
    Employed, worked part-time 143 18.5
    Employed, away from work 35 4.5
    Unemployed, looking for work 26 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 91 19.8
    Professionals 63 13.7
    Technicians & trades workers 61 13.3
    Community & personal service workers 49 10.7
    Labourers 82 17.9
    Others 113 24.6
    Occupation
    Census Count Percent(%)
    Pre-school 19 8.8
    Infants/Primary 86 39.6
    Secondary 77 35.5
    Technical or Further Educational Institution 16 7.4
    University or other Tertiary Institutions 12 5.5
    Others 7 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 883 94.5
    Caravan, cabin, houseboat 26 2.8
    Semi-detached, row or terrace house, townhouse 10 1.1
    House or flat attached to a shop, office 9 1.0
    Flat, unit or apartment 6 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 161 43.4
    Being purchased 141 38.0
    Rented 61 16.4
    Other tenure type 8 2.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals