All About Murchison East, Greater Shepparton, VIC, 3610
Murchison East, a quaint locality within Greater Shepparton, VIC, offers a distinctive blend of rural charm and growing potential for homeowners and investors alike. The housing market here is marked by its affordability, with prices generally lower than those found in metropolitan areas, making it an attractive option for first-time buyers and those seeking a lifestyle change. The area primarily features spacious family homes and older-style properties on generous plots of land, ideal for those who value space and tranquility. Recent trends indicate a steady interest in the region, as more people look to escape the hustle and bustle of city life, favoring the peaceful surroundings and strong sense of community found in Murchison East.
Living in Murchison East provides a serene and laid-back lifestyle, complemented by the natural beauty of the region. Residents enjoy picturesque landscapes with access to parks and outdoor recreational activities, and the Goulburn River adds to the scenic environment, perfect for fishing, picnicking, or nature walks. The community is tight-knit, often coming together for local events and activities, fostering a friendly and welcoming atmosphere. While Murchison East maintains a quiet, rural feel, it benefits from proximity to Shepparton, ensuring that essential services, shopping, and educational facilities are just a short drive away, offering the best of both rural tranquility and urban convenience.
Household Makeup
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Housing Stock
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Murchison East Real Estate Market Outlook
Thinking about buying in Murchison East? Now could not be a better time, with just 114 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $585,000 with prices in this suburb ranging from $184,000 to $954,000. The aproximate distance to the coast is 131 Km.
Consistent high demand relative to supply is a key feature in Murchison East driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Murchison East due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Murchison East changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Murchison East to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Murchison East 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.
Instant Property ValuationProperties for sale Murchison East
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240 Cassidys Road, Murchison East, VIC, 3610 |  3 |
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$800,000 To $850,000 |
Local Schools
Murchison Primary School
(While the above schools are located with the suburb of Murchison East there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Murchison East 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 15.4 | 31.2 | 25.3 | 79.5 | 4.4 | 26.4 |
| Feb | 0.8 | 14.8 | 29.7 | 28.5 | 81.6 | 4.0 | 23.0 |
| Mar | 1.2 | 12.8 | 26.7 | 33.7 | 85.6 | 3.6 | 17.9 |
| Apr | 1.3 | 8.9 | 22.1 | 41.6 | 91.0 | 3.0 | 13.5 |
| May | 1.3 | 5.7 | 17.1 | 54.0 | 94.2 | 3.0 | 9.6 |
| Jun | 1.5 | 3.7 | 14.0 | 64.1 | 96.6 | 2.9 | 7.9 |
| Jul | 1.5 | 3.6 | 13.4 | 63.2 | 96.0 | 3.3 | 8.4 |
| Aug | 1.2 | 3.6 | 14.5 | 55.4 | 95.8 | 3.4 | 11.1 |
| Sept | 1.1 | 5.4 | 18.1 | 45.6 | 93.1 | 3.7 | 16.1 |
| Oct | 1.3 | 7.9 | 22.3 | 38.1 | 89.7 | 3.8 | 21.4 |
| Nov | 1.1 | 11.0 | 25.8 | 30.1 | 86.6 | 4.1 | 25.0 |
| Dec | 1.2 | 13.6 | 29.2 | 24.1 | 80.1 | 4.3 | 27.4 |
source: Australian Government Bureau of Meteorology
Public Transport
Mooroopna - Greater then 10KM
Nagambie - Greater then 10KM
Shepparton - Greater then 10KM
Rushworth - Greater then 10KM
Murchison East - Less than 2 KM
General Points of Interest
Noorilim Estate - Less than 10 KM
Murchison Golf Club - Less than 2 KM
Nearby Suburbs
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