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Murrawong, SA 5253

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$980,000

Median Unit

$230,000

Gross Yield (houses)

2.6%

1yr Growth

-

Investment snapshot for Murrawong

Murrawong has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Murrawong market and investor summary

In Murrawong, SA 5253, the median house sells for around $980K, on a gross rental yield of 2.6% for houses. At 1.3% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.6% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking.

Living in Murrawong: people, income and schools

Murrawong has a resident population of roughly 19, and the area has been growing steadily, up about 6% over five years. At a median age of 44, it reads as skewed a little older, and families account for 65% of households.

On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10).

There is 1 school within about 5km, testing below the national school average on ICSEA. Murrawong sits about 68 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
19
+6% over 5yr
Median age
44 years
Households renting
34%
Family households
65%
Socio-economic rank
1/10
ABS advantage index
Schools within 5km
1
avg ICSEA 938
Unemployment
6.1%
Distance to CBD
68 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 Murrawong

No properties currently listed in Murrawong

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Frequently asked questions about Murrawong

What should I check before investing in Murrawong?

Murrawong has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.3% 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 Murrawong?

The median property price in Murrawong, SA 5253 is $980K for houses and $230K for units.

What rental yield does Murrawong show?

The gross rental yield in Murrawong is 2.6% 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 Murrawong?

The current vacancy rate in Murrawong is 1.3%. 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 Murrawong?

Murrawong has a population of approximately 19 residents, with a median age of 44.

What schools are near Murrawong?

There are 1 school within roughly 5km of Murrawong. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Murrawong's population growing?

The population of Murrawong has grown about 6% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Murrawong from the CBD?

Murrawong is about 68 km from the CBD.

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