Suburb Profile Report for Murtoa VIC (3390)

Murtoa House: Median price $119,500, Annual capital growth 5.61%, Number of sales 25, Weekly median advertised rent $205

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

Are you moving house? Our tip: move your mortgage too.

House Report

Over the last year, property investments in Murtoa, 3390 have given investors a capital gain of 11.68%. This compares very favourably with the 2.87% for VIC as a whole.

The five-year average increase in median property values for Murtoa,3390 has given property investors a potential capital gain of 28.49% across each of those five years.

Our latest figures would indicate that property sellers in Murtoa are currently offering property investors an average price cut of -7.97% below the asking price at the moment.

Murtoa, 3390’s gross rental yield is 8.90%

Metrics	HOUSE	UNIT
Median price	$119,500	N/A
Quarterly growth	13.81%	N/A
12-month growth	11.68%	N/A
Average Annual Growth	5.61%	N/A
Weekly median advertised rent	$205	N/A
Number of sales	25	N/A
Gross rental yield	8.90%	N/A
Days on market	73	N/A

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

Find another suburb

Find a mortgage broker in Murtoa VIC

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