The housing market in Numurkah, a charming town in the Moira Shire of Victoria, has experienced moderate growth in recent years, reflecting both the broader trends in regional real estate and unique local factors. The town offers a mix of property styles, from quaint historical homes to more modern builds, appealing to a variety of buyers including families, retirees, and investors looking for affordable opportunities compared to metropolitan areas. Prices in Numurkah tend to be more accessible than in larger cities, making it an attractive option for first-time homebuyers and those seeking a quieter lifestyle away from the hustle and bustle of urban centers. The demand for houses often aligns with its proximity to amenities, such as schools, healthcare facilities, and outdoor recreational areas, which enhance its appeal as a residential location.
Living in Numurkah is characterized by a tight-knit community atmosphere and a relaxed pace of life, conducive to families and individuals seeking a rural lifestyle with convenient urban connections. The town boasts a rich agricultural heritage, providing a scenic backdrop of lush farmlands and nature reserves that residents can enjoy. Numurkah is known for its vibrant community events, farmers markets, and local sports, fostering a sense of belonging and community spirit. Additionally, its location along the Goulburn Valley Highway means that major regional centers like Shepparton are easily accessible, providing residents with expanded employment opportunities and services while maintaining the serenity of small-town living. Overall, Numurkah offers a quintessential rural experience with the benefits of modern amenities, making it a pleasant place to call home.
Median Weekly Rent | $220.56 |
Median Monthly Mortgage | $1082.56 |
Median Persons Per bed houseroom | 0.72 |
Average Household Size | 2.00 |
Average Age | 49.44 |
Average Income | $597.56 |
Average Cars Per Dwelling | 1.75 |
Average Properties Within 50M | 9 |
Typical 1 bed house | $429,000 |
Typical 2 bed house | $259,000 |
Typical 3 bed house | $423,000 |
Typical 4 bed house | $552,000 |
Typical 5 bed house | $653,000 |
Typical 6 bed+ house | $678,000 |
Housing Stock
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Thinking about buying in Numurkah? Now could not be a better time, with 3124 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $386,000 with prices in this suburb ranging from $61,000 to $1,779,000. The aproximate distance to the coast is 188 Km.
Consistent high demand relative to supply is a key feature in Numurkah 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 Numurkah 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 Numurkah 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 Numurkah 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 Numurkah 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 Valuation10 Pinnuck Street, Numurkah, VIC, 3636 | 2 | 1 | $290,000 | ||
1 Sinclair Drive, Numurkah, VIC, 3636 | 4 | 2 | 2 | Expressions of interest | |
5 Madeline Street, Numurkah, VIC, 3636 | 3 | 1 | 2 | $410,000 - $430,000 |
St Joseph's School
Numurkah Secondary College
Numurkah Primary School
Wunghnu Primary School
Waaia Yalca South Primary School
(While the above schools are located with the suburb of Numurkah 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 | 0.9 | 15.6 | 32.8 | 22.1 | 77.2 | 4.7 | 27.1 |
Feb | 1.6 | 15.6 | 30.8 | 29.0 | 82.0 | 4.2 | 23.4 |
Mar | 1.7 | 12.7 | 26.7 | 34.4 | 85.5 | 3.9 | 18.8 |
Apr | 1.4 | 9.2 | 22.8 | 41.7 | 92.2 | 3.0 | 13.6 |
May | 1.1 | 5.6 | 17.5 | 54.0 | 96.5 | 3.0 | 9.9 |
Jun | 1.3 | 3.5 | 14.1 | 65.0 | 98.5 | 2.7 | 8.1 |
Jul | 1.5 | 3.9 | 13.3 | 66.8 | 98.4 | 3.3 | 8.2 |
Aug | 1.2 | 3.7 | 14.7 | 57.0 | 97.8 | 3.4 | 11.3 |
Sept | 1.1 | 5.5 | 18.4 | 46.7 | 95.7 | 3.7 | 16.0 |
Oct | 1.0 | 8 | 22.8 | 36.5 | 91.2 | 4.0 | 21.7 |
Nov | 0.9 | 11.2 | 27.0 | 26.5 | 86.9 | 4.4 | 24.8 |
Dec | 1.1 | 13.8 | 30.2 | 22.3 | 80.3 | 4.6 | 27.1 |
source: Australian Government Bureau of Meteorology
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