Thinking about buying in Mount Murray? Now could not be a better time, with just 49 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,786,000 with prices in this suburb ranging from $1,474,000 to $4,008,000. The aproximate distance to the coast is 19 Km.

Mount Murray Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Mount Murray is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Mount Murray leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Mount Murray 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.

Houses for sale Mount Murray

72 mcguinness dr, mount murray, nsw, 2577

8

5

4

Contact Agent

---

---

---

---

Recently Sold Properties / House Prices

28-05-2024	$1,800,000	71 MCGUINNESS DR
18-12-2023	$1,670,000	1787 TOURIST RD
23-10-2023	$2,350,000	100 MCGUINNESS DR
15-04-2021	$1,500,000	1787 TOURIST RD
04-12-2020	$1,650,000	1781 TOURIST RD
17-09-2020	$3,800,000	106 MCGUINNESS DR
03-07-2020	$1,100,000	88 MCGUINNESS DR
26-06-2020	$2,950,000	93 MCGUINNESS DR
12-02-2019	$2,700,000	91 MCGUINNESS DR
29-03-2017	$1,755,000	121 MCGUINNESS DR
17-01-2017	$1,175,000	1781 TOURIST RD
28-10-2016	$1,025,000	25 MCGUINNESS DR
13-04-2016	$850,000	2 MCGUINNESS DR
29-02-2016	$1,100,000	106 MCGUINNESS DR
11-03-2015	$850,000	73 MCGUINNESS DR
10-11-2014	$1,100,000	105 MCGUINNESS DR

---

Internet Speed

Download 25 Mbps / Upload 5 Mbps

---

Nearby Suburbs

---

Public Transport

---

General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!