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Morrisons, VIC 3334
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$970,000
list-price estimate
Median Unit
$210,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Morrisons
Morrisons has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Investment score breakdown
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Morrisons market and investor summary
Morrisons sits in VIC, postcode 3334.
Houses also take time to sell, around 147 days on market, so plan for a slower exit if you ever need one.
Living in Morrisons: people, income and schools
Morrisons has a resident population of roughly 118, a number that has held fairly steady over five years. At a median age of 48, it reads as skewed a little older, and 88% 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 $75,000 a year (about $1,440 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 47% over five years, which tends to underpin what local buyers can pay.
Morrisons sits about 75 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 118
- +5% over 5yr
- Median age
- 48 years
- Median household income
- $75,000/yr
- Households renting
- 0%
- Family households
- 72%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 1.8%
- Distance to CBD
- 75 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Morrisons
No properties currently listed in Morrisons
Search Morrisons listings →Frequently asked questions about Morrisons
What should I check before investing in Morrisons?
Morrisons has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
How many people live in Morrisons?
Morrisons has a population of approximately 118 residents, with a median age of 48.
Is Morrisons's population growing?
The population of Morrisons has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Morrisons from the CBD?
Morrisons is about 75 km from the CBD.
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