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All About Mount Murchison, Banana, QLD, 4715

Mount Murchison, located in the Banana Shire of Queensland, is characterized by its serene rural setting and close-knit community atmosphere, making it an attractive option for those seeking a quiet and more peaceful lifestyle. The housing market here tends to offer more affordability compared to urban centers, with a range of properties from charming older homes to expansive rural plots. This affordability provides opportunities for first-time homebuyers or those looking to invest in a more laid-back region. The local government has been gradually investing in infrastructure, contributing to a slow but steady increase in property demand as more people discover the benefits of living away from the hustle and bustle of city life.

Living in Mount Murchison offers residents a taste of rural charm combined with a sense of community spirit. The area is known for its scenic landscapes, providing ample opportunities for outdoor activities such as hiking, fishing, and exploring nearby national parks. The local community is tight-knit and welcoming, often gathering for events and activities that celebrate the region's rich agricultural heritage. While the pace of life is slower, essential amenities and services are within reasonable driving distance, making it convenient for families and retirees alike. Overall, living in Mount Murchison is ideal for those who value tranquility and community, while still wanting access to the necessary conveniences.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Mount Murchison Real Estate Market Outlook

Thinking about buying in Mount Murchison? Now could not be a better time, with just 110 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $685,000 with prices in this suburb ranging from $389,000 to $922,000. The aproximate distance to the coast is 76 Km.

In Mount Murchison there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mount Murchison due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Mount Murchison provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Mount Murchison necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Mount Murchison the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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Local Schools

Mount Murchison State School

(While the above schools are located with the suburb of Mount Murchison there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Mount Murchison weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.819.734.037.289.03.124.3
Feb3.119.733.438.889.13.123.3
Mar2.018.431.841.592.42.720.3
Apr0.814.129.038.893.22.418.6
May0.69.326.036.092.32.315.6
Jun0.77.523.737.992.32.413.7
Jul0.26.724.134.590.82.315.2
Aug0.86.425.128.887.82.417.3
Sept0.79.428.427.289.92.721
Oct1.212.830.529.190.33.025
Nov0.416.133.727.688.73.026.7
Dec3.418.633.336.188.03.127.2

source: Australian Government Bureau of Meteorology




General Points of Interest


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