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Almurta, VIC 3979
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,010,000
Median Unit
$190,000
Gross Yield (houses)
2.0%
1yr Growth
-
Investment snapshot for Almurta
Almurta has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Almurta market and investor summary
Almurta (VIC 3979) runs a median house price of $1.0M, with houses yielding a gross 2.0%.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.0% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Almurta: people, income and schools
Almurta has a resident population of roughly 66, and the area has been growing steadily, up about 14% over five years. The median age is 45, skewed a little older, and 100% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $90,000 a year, or roughly $1,730 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 11.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 28% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 66
- +14% over 5yr
- Median age
- 45 years
- Median household income
- $90,000/yr
- Households renting
- 6%
- Family households
- 95%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 988
- Unemployment
- 3.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Almurta
No properties currently listed in Almurta
Search Almurta listings →Frequently asked questions about Almurta
What should I check before investing in Almurta?
Almurta has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 9.5%, before expenses, tax and loan costs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Almurta?
The median property price in Almurta, VIC 3979 is $1.0M for houses and $190K for units.
What rental yield does Almurta show?
The gross rental yield in Almurta is 2.0% for houses and 9.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Almurta?
Almurta has a population of approximately 66 residents, with a median age of 45.
What schools are near Almurta?
There are 1 school within roughly 5km of Almurta. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Almurta affordable to buy in?
A median house in Almurta costs about 11.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Almurta's population growing?
The population of Almurta has grown about 14% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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