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Murchison, VIC 3610
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$425,000
market range $400K-$525K
Median Unit
$260,000
list-price estimate
Gross Yield (houses)
5.3%
1yr Growth (houses)
+7.7%
market range +0.0% to +12.5%
Investment snapshot for Murchison
Murchison has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Murchison market and investor summary
Murchison (VIC 3610) runs a median house price of $425K, with houses yielding a gross 5.3%. House prices have moved +7.7% over the past year. At 3.7% 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 5.3% does more of the early heavy lifting than capital growth usually would at this price point. Demand is softer at 3.7% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 79 days on market, so plan for a slower exit if you ever need one.
Living in Murchison: people, income and schools
Murchison has a resident population of roughly 884, a number that has held fairly steady over five years. The median age is 50, an older, established demographic, and 81% 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 $50,000 a year, or roughly $950 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 8.6 times local household income, in line with much of metropolitan Australia. Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing below the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 884
- -0% over 5yr
- Median age
- 50 years
- Median household income
- $50,000/yr
- Households renting
- 17%
- Family households
- 62%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 906
- Unemployment
- 2.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Murchison
No properties currently listed in Murchison
Search Murchison listings →Frequently asked questions about Murchison
What should I check before investing in Murchison?
Murchison has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 7.8%, before expenses, tax and loan costs. Capital growth of +7.7% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Murchison?
The median property price in Murchison, VIC 3610 is $425K for houses.
What rental yield does Murchison show?
The gross rental yield in Murchison is 5.3% for houses and 7.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Murchison?
House prices in Murchison are up 7.7% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Murchison?
The current vacancy rate in Murchison is 3.7%. 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 Murchison?
Murchison has a population of approximately 884 residents, with a median age of 50.
What schools are near Murchison?
There are 1 school within roughly 5km of Murchison. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Murchison affordable to buy in?
A median house in Murchison costs about 8.6 times the median local household income (broadly in line with metropolitan Australia). 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 Murchison's population growing?
The population of Murchison 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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