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Murchison North
VIC, 3610 - Greater Shepparton

Thinking about buying in Murchison North? Now could not be a better time, with just 116 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $745,000 with prices in this suburb ranging from $318,000 to $1,249,000. The aproximate distance to the coast is 137 Km.

Household Makeup

Median Weekly Rent $215.00
Median Monthly Mortgage $1495.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 38.00
Average Income $711.00
Average Cars Per Dwelling 2.06
Average Properties Within 50M 1

Housing Stock

Average Property Prices

2 Bed  $318,000
3 Bed  $818,000
4 Bed  $796,000
5 Bed  $1,164,000

Murchison North Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Murchison North driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Murchison North due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Murchison North changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Murchison North to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Murchison North the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Murchison North

Nutrien Harcourts 620 RIVER RD, MURCHISON NORTH, VIC, 3610 Beds Bathrooms Price on Application

Local Schools

Dhurringile Primary School

(While the above schools are located with the suburb of Murchison North there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Murchison North weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.115.431.225.379.54.426.4
Feb0.814.829.728.581.64.023.0
Mar1.212.826.733.785.63.617.9
Apr1.38.922.141.691.03.013.5
May1.35.717.154.094.23.09.6
Jun1.53.714.064.196.62.97.9
Jul1.53.613.463.296.03.38.4
Aug1.23.614.555.495.83.411.1
Sept1.15.418.145.693.13.716.1
Oct1.37.922.338.189.73.821.4
Nov1.111.025.830.186.64.125.0
Dec1.213.629.224.180.14.327.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Murchison EastDhurringileMoorilimToolamba WestToolambaArcadiaMurchisonArcadia SouthTatura EastKialla West

Public Transport


General Points of Interest

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