All About Murrabit, Gannawarra, VIC, 3579
Murrabit, a charming locality in the Gannawarra Shire of Victoria, offers a unique blend of tranquil country living with a tight-knit community spirit. The housing market in Murrabit is characterized by more affordable prices compared to larger urban areas, making it an attractive option for those seeking to escape the hustle and bustle of city life. Homes in the area typically consist of spacious properties with large gardens, reflecting the region's rural setting. The market is steady, offering potential homeowners a variety of options, from traditional farmhouses to more contemporary builds, all set against the scenic backdrop of the lush Victorian countryside.
Living in Murrabit is synonymous with enjoying a peaceful lifestyle surrounded by natural beauty. Residents benefit from the area's proximity to the Murray River, which provides numerous recreational opportunities such as fishing, boating, and picnicking. The community is known for its friendliness and active engagement, often gathering for various local events like the Murrabit Market—a popular monthly event that draws visitors from neighboring communities. The area's amenities include a primary school and essential services, with more comprehensive facilities available in nearby Kerang. Overall, Murrabit offers a serene and welcoming environment ideal for families, retirees, or anyone looking to immerse themselves in the charm of rural Victoria.
Household Makeup
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Housing Stock
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Murrabit Real Estate Market Outlook
Thinking about buying in Murrabit? Now could not be a better time, with just 164 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $535,000 with prices in this suburb ranging from $91,000 to $1,266,000. The aproximate distance to the coast is 261 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Murrabit 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 Murrabit 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. 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 Murrabit 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 ValuationLocal Schools
Murrabit Group School
(While the above schools are located with the suburb of Murrabit there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Murrabit 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 | |
|---|---|---|---|---|---|---|---|
| Aug | 0.7 | 3.9 | 16.6 | 42.2 | 92.6 | 4.4 | 12.3 |
| Sept | 0.9 | 5.4 | 20.8 | 31.1 | 88.8 | 4.6 | 17.1 |
| Oct | 0.9 | 8.5 | 25.0 | 25 | 83.8 | 4.5 | 21.7 |
| Nov | 0.9 | 11.6 | 28.5 | 20.4 | 78.0 | 4.8 | 24.9 |
| Dec | 0.8 | 14.6 | 31.8 | 16.2 | 69.4 | 4.9 | 28.6 |
| Jan | 0.8 | 16.3 | 34.0 | 16.1 | 67.3 | 4.7 | 28.2 |
| Feb | 0.6 | 16.0 | 32.3 | 21.6 | 71.5 | 4.5 | 24.2 |
| Mar | 0.7 | 13.6 | 28.6 | 25.9 | 76.6 | 4.1 | 19.3 |
| Apr | 0.9 | 9.7 | 24.0 | 31.7 | 82.5 | 3.7 | 14.7 |
| May | 0.9 | 6.8 | 19 | 42.9 | 90.9 | 3.9 | 10.8 |
| Jun | 0.8 | 4.2 | 15.2 | 54.6 | 95.0 | 3.6 | 9.0 |
| Jul | 0.7 | 3.0 | 15.0 | 50.1 | 94.4 | 4.2 | 9.3 |
source: Australian Government Bureau of Meteorology
Public Transport
Kerang - Greater then 10KM
General Points of Interest
Murrabit Golf Course - Less than 2 KM
Nearby Suburbs
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