Murtoa
VIC, 3390
-
Yarriambiack
Thinking about buying in Murtoa? Now could not be a better time, with 663 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $211,000 with prices in this suburb ranging from $40,000 to $713,000. The aproximate distance to the coast is 179 Km.
Household Makeup
| Median Weekly Rent | $175.00 |
| Median Monthly Mortgage | $650.00 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 49.00 |
| Average Income | $600.00 |
| Average Cars Per Dwelling | 1.78 |
| Average Properties Within 50M | 5 |
Housing Stock
Average Property Prices
| 1 Bed $177,000 |
| 2 Bed $154,000 |
| 3 Bed $240,000 |
| 4 Bed $296,000 |
| 5 Bed $296,000 |
| 6 Bed+$269,000 |
Murtoa Real Estate Market Outlook
In Murtoa 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. 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 Murtoa 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 Murtoa 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 Murtoa 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.
Houses for sale Murtoa
|
44-46 BREEN ST, MURTOA, VIC, 3390 |  3 |
 2 |
 2 |
$429,000 |
|
|
10 DEGENHARDT ST, MURTOA, VIC, 3390 | 3 |
1 |
2 |
$375,000 |
|
|
71 DUNCAN ST, MURTOA, VIC, 3390 | 3 |
2 |
2 |
$419,000 |
Local Schools
Our Lady Help of Christians School
Murtoa College
(While the above schools are located with the suburb of Murtoa there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Murtoa 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 | |
|---|---|---|---|---|---|---|---|
| May | 1.1 | 5.7 | 17.5 | 54.5 | 94.5 | 3.4 | 9.7 |
| Jun | 1.2 | 3.9 | 14.3 | 66.7 | 96.5 | 3.3 | 7.9 |
| Jul | 1.5 | 3.8 | 13.8 | 66.0 | 95.0 | 3.8 | 8.2 |
| Aug | 1.2 | 3.8 | 15.1 | 56.4 | 97.3 | 4.1 | 11.3 |
| Sept | 1.6 | 4.9 | 18.2 | 49.2 | 96.1 | 3.8 | 15.5 |
| Oct | 0.7 | 6.0 | 23.1 | 34.0 | 92.4 | 4.2 | 22.0 |
| Nov | 3.5 | 8.8 | 25.8 | 34.2 | 85.9 | 4.3 | 24.2 |
| Dec | 1.3 | 11.3 | 29.5 | 24.0 | 84.7 | 4.7 | 29.5 |
| Jan | 1.3 | 13.0 | 31.2 | 21.3 | 74.4 | 5.0 | 28.2 |
| Feb | 0.7 | 14.0 | 31.2 | 23.7 | 76.5 | 4.5 | 23.9 |
| Mar | 0.8 | 10.9 | 26.7 | 31.3 | 88.2 | 4.1 | 18.2 |
| Apr | 0.9 | 8.2 | 22.2 | 37.9 | 88.4 | 3.8 | 13.6 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Murtoa Golf Club - Less than 10 KM
War Memorial - Less than 5 KM
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