Suburb Profile Report for Murchison VIC (3610)

Murchison House: Median price $225,000, Annual capital growth 1.83%, Number of sales 14, Weekly median advertised rent $300

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

If you compare the increase in value of investment property in Murchison, 3610 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -0.44%.

Murchison,3610 has offered an average of -0.44% return per annum in house price rises to property investors over the last three years.

At number 158th of VIC’s most discounted properties, Murchison is in the bottom 30% of the state/territory when listing in order of most discounted to least.

At number 2408 in a list of fastest selling suburbs, Murchison is just in the bottom half of suburbs in Australia with an average of days on market 77.33 for properties listed there.

Situated 134.84km from the CBD, Murchison is one of Greater Shepparton (C) localities in the postcode 3610.

Metrics i HOUSE UNIT
$225,000 N/A
-15.89% N/A
-0.44% N/A
1.83% N/A
$300 N/A
14 N/A
6.93% N/A
77.33 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

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
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