Suburb Profile Report for Murtoa VIC (3390)

Murtoa House: Median price $108,750, Annual capital growth 5.63%, Number of sales 18, Weekly median advertised rent $190

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

At number 3566th in the list of Australian suburbs ordered by increase in median house value over the last year, Murtoa, 3390 is in the BOTTOM 20% with a property value increase of -5.43% recorded in median house prices.

Property investors looking for a bargain in Murtoa should be aiming for at least -9.60% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.

With the median price for a house in Murtoa being $108750 and the advertised rent reaching $190 the gross rental yield for property investors calculates out to be 9.09%

Metrics i HOUSE UNIT
$108,750 N/A
N/A N/A
-5.43% N/A
5.63% N/A
$190 N/A
18 N/A
9.09% N/A
120.07 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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
Chart Table
Recent sales & rentals