All About Murchison North, Greater Shepparton, VIC, 3610
Murchison North, a charming locality within the Greater Shepparton region of Victoria, offers a unique blend of rural tranquility and convenient access to modern amenities. The housing market here is characterized by a mix of traditional country homes, sprawling farms, and newer residential developments, making it an attractive option for various types of buyers. Property prices in Murchison North have seen steady growth in recent years, reflecting the increasing interest from those seeking a peaceful lifestyle away from the hustle and bustle of city centers, yet still within commuting distance to Shepparton. The area provides ample opportunities for first-time homebuyers and investors looking for affordable options in a serene setting.
Living in Murchison North offers residents a chance to enjoy a close-knit community atmosphere surrounded by natural beauty. The region is known for its picturesque landscapes, including sprawling farmland and proximity to the Goulburn River, which offers various recreational activities like fishing, boating, and picnicking. Community events and local markets foster a strong sense of belonging among residents. Despite its rural charm, Murchison North is well-connected, with essential services, schools, and shopping facilities available in nearby towns such as Murchison and Shepparton. This makes it an ideal location for families, retirees, and anyone seeking a relaxed lifestyle while still enjoying the conveniences of nearby urban areas.
Household Makeup
| Median Weekly Rent | $215.00 |
| Median Monthly Mortgage | $1495.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 38.00 |
| Average Income | $711.00 |
| Average Cars Per Dwelling | 2.06 |
| Average Properties Within 50M | 1 |
| Typical 2 bed house | $318,000 |
| Typical 3 bed house | $818,000 |
| Typical 4 bed house | $796,000 |
| Typical 5 bed house | $1,164,000 |
Housing Stock
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Murchison North Real Estate Market Outlook
Thinking about buying in Murchison North? Now could not be a better time, with just 116 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $745,000 with prices in this suburb ranging from $318,000 to $1,249,000. The aproximate distance to the coast is 137 Km.
Consistent high demand relative to supply is a key feature in Murchison North 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 North 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 North 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 North 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 North 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 ValuationHouses for sale Murchison North
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620 River Road, Murchison North, VIC, 3610 |  |
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Price on Application |
Local Schools
Dhurringile Primary School
(While the above schools are located with the suburb of Murchison North there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Murchison North 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 10 KM
General Points of Interest
Murchison Golf Club - Less than 10 KM
Dhurringile Prison - Less than 10 KM
Nearby Suburbs
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