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Murraydale, VIC 3586

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

Data updated

Tight Rental Market

Median House

$455,000

Median Unit

$245,000

list-price estimate

Gross Yield (houses)

5.2%

1yr Growth

-

Investment snapshot for Murraydale

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

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Murraydale market and investor summary

Murraydale (VIC 3586) runs a median house price of $455K, with houses yielding a gross 5.2%. At 1.8% vacancy, it is a tight rental market that favours landlords.

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. Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking.

Living in Murraydale: people, income and schools

Murraydale has a resident population of roughly 105, a number that has held fairly steady over five years. The median age is 48, skewed a little older, and 91% 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 $107,000 a year, or roughly $2,060 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to roughly 4.2 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.

Population
105
+0% over 5yr
Median age
48 years
Median household income
$107,000/yr
Households renting
9%
Family households
59%
Socio-economic rank
6/10
ABS advantage index
Unemployment
1.6%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Murraydale

No properties currently listed in Murraydale

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Frequently asked questions about Murraydale

What should I check before investing in Murraydale?

Murraydale 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. Tight rental market (1.8% 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 Murraydale?

The median property price in Murraydale, VIC 3586 is $455K for houses.

What rental yield does Murraydale show?

The gross rental yield in Murraydale 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 tight is the rental market in Murraydale?

The current vacancy rate in Murraydale is 1.8%. 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 Murraydale?

Murraydale has a population of approximately 105 residents, with a median age of 48.

Is Murraydale affordable to buy in?

A median house in Murraydale costs about 4.2 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 Murraydale's population growing?

The population of Murraydale 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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