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Marungi, VIC 3634
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$665,000
list-price estimate
Median Unit
$710,000
Gross Yield (houses)
5.4%
1yr Growth
-
Investment snapshot for Marungi
Marungi has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Marungi market and investor summary
In Marungi, VIC 3634, houses show a gross rental yield of 5.4%. At 5.3% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.4% does more of the early heavy lifting than capital growth usually would at this price point. Demand is softer at 5.3% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 168 days on market, so plan for a slower exit if you ever need one.
Living in Marungi: people, income and schools
Marungi is home to around 98 people, a number that has held fairly steady over five years. At a median age of 53, it reads as an older, established demographic, and 85% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $57,000 a year (about $1,100 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 14% 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
- 98
- +1% over 5yr
- Median age
- 53 years
- Median household income
- $57,000/yr
- Households renting
- 15%
- Family households
- 73%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 967
- Unemployment
- 2.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Marungi
No properties currently listed in Marungi
Search Marungi listings →Frequently asked questions about Marungi
What should I check before investing in Marungi?
Marungi has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.4%, giving a stronger rent-to-price starting point than many suburbs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Marungi?
The median property price in Marungi, VIC 3634 is $710K for units.
What rental yield does Marungi show?
The gross rental yield in Marungi is 5.4% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Marungi?
The current vacancy rate in Marungi is 5.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Marungi?
Marungi has a population of approximately 98 residents, with a median age of 53.
What schools are near Marungi?
There are 1 school within roughly 5km of Marungi. 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 Marungi's population growing?
The population of Marungi has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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