Murchison, VIC 3610
Compare Part of Greater Shepparton
134.73 km
Distance from Melbourne CBD
2 k
Population
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $190,000 | 0.0% | $95,000 | $250,000 | 12 |
| 2010 | $259,000 | +26.6% | $75,000 | $350,000 | 15 |
| 2011 | $190,000 | -36.3% | $74,000 | $293,500 | 14 |
| 2012 | $174,000 | -9.2% | $80,000 | $198,000 | 11 |
| 2013 | $240,000 | +27.5% | $146,000 | $510,000 | 12 |
| 2014 | $155,000 | -54.8% | $99,000 | $269,500 | 9 |
| 2015 | $230,000 | +32.6% | $102,000 | $698,000 | 11 |
| 2016 | $215,000 | -7.0% | $62,000 | $350,000 | 16 |
| 2017 | $283,000 | +24.0% | $149,000 | $440,000 | 16 |
| 2018 | $270,000 | -4.8% | $163,000 | $450,000 | 18 |
| 2019 | $290,000 | +6.9% | $150,000 | $770,000 | 17 |
| 2020 | $425,000 | +31.8% | $180,000 | $660,000 | 15 |
| 2021 | $425,000 | 0.0% | $193,000 | $707,500 | 18 |
| 2022 | $450,000 | +5.6% | $185,000 | $500,000 | 14 |
| 2023 | $390,000 | -15.4% | $215,000 | $565,000 | 12 |
| 2024 | $515,000 | +24.3% | $275,000 | $880,000 | 10 |
Median Sale Price
$515K
Based on 10 recorded sales within the last 12 months
Updated on 13 Nov 2024
Suburb Growth
+24.3%
Current Median Price: $515,000
Previous Median Price: $390,000
Based on 23 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $240 | 0.0% | $240 | $240 | 1 |
| 2012 | $250 | +4.0% | $165 | $350 | 6 |
| 2013 | $255 | +2.0% | $170 | $330 | 7 |
| 2014 | $315 | +19.0% | $250 | $315 | 2 |
| 2015 | $235 | -34.0% | $185 | $300 | 9 |
| 2016 | $260 | +9.6% | $215 | $450 | 12 |
| 2017 | $260 | 0.0% | $200 | $300 | 5 |
| 2018 | $260 | 0.0% | $235 | $370 | 8 |
| 2019 | $300 | +13.3% | $150 | $395 | 8 |
| 2020 | $300 | 0.0% | $240 | $530 | 11 |
| 2021 | $330 | +9.1% | $300 | $340 | 4 |
| 2022 | $375 | +12.0% | $300 | $550 | 8 |
| 2023 | $380 | +1.3% | $340 | $440 | 7 |
| 2024 | $460 | +17.4% | $380 | $580 | 8 |
Median Rent Price
$450
per week
Based on 9 recorded rent within the last 12 months
Updated on 13 Nov 2024
Rent Price Growth
+12.2%
Current Median Rent: $450
Previous Median Rent: $395
Based on 17 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $515,000
Current Median rent: $450
Based on 19 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Schools closest to Murchison, VIC 3610
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Murchison Primary School | 8-10 IMPEY STREETMurchison 3610 | Primary | Government | 0.37 km |