All About Murchison, Greater Shepparton, VIC, 3610
Murchison, a quaint town in the Greater Shepparton region of Victoria, offers a unique blend of rural charm and affordability, making it an attractive locale for homebuyers seeking a serene lifestyle. The housing market in Murchison is characterized by its diverse range of properties, including charming historic homes, modern builds, and spacious lots that appeal to families, retirees, and professionals alike. Over recent years, the town has seen steady interest from buyers looking for more affordable alternatives to larger cities, with property prices traditionally lower than the urban centers, allowing more people to realize their dream of home ownership.
Living in Murchison provides residents with a peaceful and close-knit community atmosphere, enriched by the scenic beauty of the surrounding countryside. The town is situated along the banks of the Goulburn River, offering ample opportunities for outdoor activities such as fishing, boating, and picnicking. Essential amenities are readily accessible, with local shops, schools, and services meeting everyday needs, while the larger hub of Shepparton is a short drive away for more extensive shopping and entertainment options. Known for its friendly locals and welcoming vibe, Murchison is not just a place to live but a community to be a part of, making it an appealing choice for those seeking a lifestyle defined by tranquility and connection.
Household Makeup
| Median Weekly Rent | $227.67 |
| Median Monthly Mortgage | $1025.00 |
| Median Persons Per bed houseroom | 0.77 |
| Average Household Size | 2.00 |
| Average Age | 52.00 |
| Average Income | $519.00 |
| Average Cars Per Dwelling | 1.96 |
| Average Properties Within 50M | 4 |
| Typical 1 bed house | $401,000 |
| Typical 2 bed house | $275,000 |
| Typical 3 bed house | $510,000 |
| Typical 4 bed house | $650,000 |
| Typical 5 bed house | $746,000 |
| Typical 6 bed+ house | $735,000 |
Housing Stock
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Murchison Real Estate Market Outlook
Thinking about buying in Murchison? Now could not be a better time, with 660 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $514,000 with prices in this suburb ranging from $68,000 to $1,164,000. The aproximate distance to the coast is 125 Km.
Consistent high demand relative to supply is a key feature in Murchison 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 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 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 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 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
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59 Stevenson Street, Murchison, VIC, 3610 |  3 |
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Under Offer |
Local Schools
Murchison Primary School
(While the above schools are located with the suburb of Murchison there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
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 | |
|---|---|---|---|---|---|---|---|
| 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
Noorilim Estate - Less than 10 KM
Murchison Golf Club - Less than 10 KM
Nearby Suburbs
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