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Murrabit West, VIC 3579
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$170,000
market range $150K-$625K
Median Unit
$220,000
Gross Yield
-
1yr Growth
-
Investment snapshot for Murrabit West
Murrabit West has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Murrabit West market and investor summary
In Murrabit West, VIC 3579, the median house sells for around $170K. At 0.6% vacancy, it is a tight rental market that favours landlords.
Houses also take time to sell, around 87 days on market, so plan for a slower exit if you ever need one.
Living in Murrabit West: people, income and schools
About 41 people live in Murrabit West, a count that has slipped about 3% over five years. At a median age of 39, it reads as broadly working-age, and 79% 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 $84,000 a year (about $1,620 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to roughly 2.0 times local household income, leaving more headroom than most capital-city markets.
- Population
- 41
- -3% over 5yr
- Median age
- 39 years
- Median household income
- $84,000/yr
- Households renting
- 20%
- Family households
- 81%
- Socio-economic rank
- 3/10
- ABS advantage index
- 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 Murrabit West
No properties currently listed in Murrabit West
Search Murrabit West listings →Frequently asked questions about Murrabit West
What should I check before investing in Murrabit West?
Murrabit West has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Murrabit West?
The median property price in Murrabit West, VIC 3579 is $170K for houses and $220K for units.
How tight is the rental market in Murrabit West?
The current vacancy rate in Murrabit West is 0.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Murrabit West?
Murrabit West has a population of approximately 41 residents, with a median age of 39.
Is Murrabit West affordable to buy in?
A median house in Murrabit West costs about 2.0 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 Murrabit West's population growing?
The population of Murrabit West has fallen about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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