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Murrumbateman, NSW 2582

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

Data updated

Strong Growth

Median House

$1,280,000

market range $1.2M-$1.4M

Median Unit

$575,000

list-price estimate

Gross Yield (units)

4.6%

1yr Growth (houses)

+5.6%

market range -5.0% to +12.5%

Investment snapshot for Murrumbateman

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

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Murrumbateman market and investor summary

In Murrumbateman, NSW 2582, the median house sells for around $1.3M. House prices have moved +5.6% over the past year and +10.8% over three years. At 2.8% vacancy, it is a broadly balanced rental market.

Living in Murrumbateman: people, income and schools

About 3,607 people live in Murrumbateman, a number that has held fairly steady over five years. At a median age of 40, it reads as skewed a little older, and 92% 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 $174,000 a year (about $3,350 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to about 7.4 times local household income, in line with much of metropolitan Australia. Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.

There is 1 school within about 5km, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 27 for walkability and 2 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
3,607
+5% over 5yr
Median age
40 years
Median household income
$174,000/yr
Households renting
7%
Family households
89%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
1
avg ICSEA 1020
Unemployment
1.1%
Walk score
27/100

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

Properties in Murrumbateman

No properties currently listed in Murrumbateman

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Frequently asked questions about Murrumbateman

What should I check before investing in Murrumbateman?

Murrumbateman has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.6% gives a usable rent-to-price starting point. Capital growth of +5.6% 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 Murrumbateman?

The median property price in Murrumbateman, NSW 2582 is $1.3M for houses.

What rental yield does Murrumbateman show?

The gross rental yield in Murrumbateman is 4.6% 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 Murrumbateman?

House prices in Murrumbateman are up 5.6% over the past year and up 10.8% over three years. 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 Murrumbateman?

The current vacancy rate in Murrumbateman is 2.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Murrumbateman?

Murrumbateman has a population of approximately 3,607 residents, with a median age of 40.

What schools are near Murrumbateman?

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

Is Murrumbateman affordable to buy in?

A median house in Murrumbateman costs about 7.4 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 Murrumbateman's population growing?

The population of Murrumbateman has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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