Suburb Profile Report for Murchison VIC (3610)

Murchison House: Median price $170,000, Annual capital growth -1.34%, Number of sales 11, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Murchison, 3610 have given investors a capital gain of -6.08%. This compares very badly with the 8.13% for VIC as a whole.

Taking the average capital gain, or increase in median house value, Murchison,3610 has racked up an average of -6.08% over the period. This ranks it number 3739th in the whole country for real estate investors looking at median house price increases.

The VIC suburb of Murchison, 3610 is in the Greater Shepparton local government area.

HOUSE UNIT
$170,000 N/A
N/A N/A
-6.08% N/A
-1.34% N/A
N/A N/A
11 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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
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