Murgon, a quaint town in the South Burnett region of Queensland, offers a housing market characterized by relative affordability and a variety of property types. Unlike the rapid pace of urban centers, Murgon's real estate scene is marked by its more stable market, where buyers can find a mix of charming older homes and newer developments. This variety allows both families and retirees to consider Murgon as a viable long-term living option. Properties in Murgon often feature sizeable land parcels, reflecting its rural charm and providing opportunities for gardening, hobby farming, or simply enjoying expansive outdoor space. Over recent years, the market has seen modest growth, appealing to those looking to escape the hustle and bustle of metropolitan life without sacrificing access to essential amenities.
Living in Murgon offers a peaceful lifestyle surrounded by beautiful countryside, with a strong sense of community that is often missing in larger cities. The town provides essential services such as schools, medical facilities, and shopping, ensuring residents have everything they need in proximity. The local economy predominantly revolves around agriculture, reflected in community events and the lifestyle of its inhabitants. With nearby attractions such as the Bjelke-Petersen Dam and the vineyards of the South Burnett region, residents enjoy a variety of recreational activities. The town fosters a friendly atmosphere, where neighbors know each other by name, and the slower pace of life offers a welcome respite from the stress of city living. Murgon embodies the essence of rural Queensland living, making it a desirable location for those seeking tranquility and a tight-knit community.
Median Weekly Rent | $214.00 |
Median Monthly Mortgage | $809.20 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 2.00 |
Average Age | 46.00 |
Average Income | $548.40 |
Average Cars Per Dwelling | 1.66 |
Average Properties Within 50M | 9 |
Typical 1 bed house | $240,000 |
Typical 2 bed house | $252,000 |
Typical 3 bed house | $277,000 |
Typical 4 bed house | $402,000 |
Typical 5 bed house | $344,000 |
Typical 6 bed+ house | $216,000 |
Housing Stock
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Thinking about buying in Murgon? Now could not be a better time, with 2148 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $265,000 with prices in this suburb ranging from $28,000 to $1,306,000. The aproximate distance to the coast is 104 Km.
In Murgon 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. Low average incomes in Murgon 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. The slightly lower than average earnings from occupations in Murgon 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. Medium density in Murgon necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Murgon we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Murgon a better buying opportunity than it may have been in the past.
Instant Property Valuation15226 Bunya Hwy, Murgon, QLD, 4605 | 2 | 1 | 3 | Offers over $675,000 | |
188 Ferris Road, Murgon, QLD, 4605 | 5 | 2 | 4 | Contact Agent |
Murgon State School
St Joseph's School
Murgon State High School
Cherbourg State School
(While the above schools are located with the suburb of Murgon there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 3.5 | 18.1 | 31.0 | 43.4 | 93.6 | 3.4 | 23.9 |
Feb | 2.5 | 17.7 | 29.3 | 48.5 | 94.2 | 3.5 | 22 |
Mar | 3.1 | 16.3 | 27.8 | 50.7 | 96.4 | 3.1 | 19.2 |
Apr | 1.0 | 12.4 | 25.8 | 45.8 | 97.0 | 2.6 | 17.9 |
May | 1.2 | 7.6 | 21.8 | 46.3 | 97.0 | 2.4 | 14.6 |
Jun | 1.2 | 5.3 | 19.5 | 48.1 | 97.5 | 2.6 | 12.2 |
Jul | 1 | 4.3 | 19.7 | 43.5 | 97.3 | 2.5 | 13.7 |
Aug | 0.6 | 4.2 | 22.5 | 31.4 | 92.5 | 2.6 | 16.9 |
Sept | 0.7 | 7.8 | 25.3 | 30.5 | 93.2 | 2.9 | 20.7 |
Oct | 2.2 | 11.5 | 27.3 | 34.2 | 93.6 | 3.2 | 23.6 |
Nov | 2.4 | 14.6 | 30.4 | 31.4 | 91.9 | 3.2 | 26.7 |
Dec | 3.7 | 17.1 | 30.7 | 40.1 | 92.7 | 3.3 | 25.9 |
source: Australian Government Bureau of Meteorology
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