Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Murra Warra, VIC 3401
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$385,000
Median Unit
$400,000
list-price estimate
Gross Yield (houses)
5.2%
1yr Growth
-
Investment snapshot for Murra Warra
Murra Warra has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Murra Warra verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Murra Warra - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Murra Warra market and investor summary
Murra Warra (VIC 3401) runs a median house price of $385K, with houses yielding a gross 5.2%.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.2% does more of the early heavy lifting than capital growth usually would at this price point.
Living in Murra Warra: people, income and schools
Murra Warra has a resident population of roughly 63, a number that has held fairly steady over five years. The median age is 46, skewed a little older, and 82% 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 $97,000 a year, or roughly $1,860 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 roughly 4.0 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 30% over five years, which tends to underpin what local buyers can pay.
- Population
- 63
- -1% over 5yr
- Median age
- 46 years
- Median household income
- $97,000/yr
- Households renting
- 18%
- Family households
- 67%
- Socio-economic rank
- 8/10
- ABS advantage index
- Unemployment
- 1.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Murra Warra
No properties currently listed in Murra Warra
Search Murra Warra listings →Frequently asked questions about Murra Warra
What should I check before investing in Murra Warra?
Murra Warra has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.2%, 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 Murra Warra?
The median property price in Murra Warra, VIC 3401 is $385K for houses.
What rental yield does Murra Warra show?
The gross rental yield in Murra Warra is 5.2% for houses. 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 Murra Warra?
Murra Warra has a population of approximately 63 residents, with a median age of 46.
Is Murra Warra affordable to buy in?
A median house in Murra Warra costs about 4.0 times the median local household income (more affordable than most capital-city markets). 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 Murra Warra's population growing?
The population of Murra Warra has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API