NSW, 2546 - Bega Valley

Thinking about buying in Murrah? Now could not be a better time, with just 73 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,177,000 with prices in this suburb ranging from $429,000 to $3,920,000. Murrah is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $250.00
Median Monthly Mortgage $834.00
Median Persons Per Bedroom 0.80
Average Household Size 2.00
Average Age 61.00
Average Income $597.00
Average Cars Per Dwelling 2.18
Average Properties Within 50M 2

Housing Stock

Average Property Prices

1 Bed  $977,000
3 Bed  $1,436,000
4 Bed  $1,011,000
5 Bed  $1,366,000

Murrah Real Estate Market Outlook

In Murrah there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Murrah is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Murrah 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Murrah 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.

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Murrah 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.

Murrah weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

26-10-2023 $940,000 585 BENNY GOWINGS RD
31-01-2023 $2,445,000 2845 TATHRA BERMAGUI RD
15-06-2021 $960,000 3294 TATHRA BERMAGUI RD
01-02-2021 $3,000,000 2962 TATHRA BERMAGUI RD
17-12-2019 $290,000 53 KNIGHTS CREEK RD
15-11-2019 $1,260,000 129 HERGENHANS RD
06-05-2019 $1,340,000 2636 TATHRA BERMAGUI RD
29-10-2018 $1,950,000 3136 TATHRA BERMAGUI RD
05-02-2018 $618,000 2581 TATHRA BERMAGUI RD
20-07-2016 $3,500,000 139 O SHEA RD
15-08-2014 $176,000 3264 TATHRA-BERMAGUI RD
28-06-2012 $435,000 442 BENNY GOWINGS RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Barragga BayCuttageeWapengoMumbulla MountainCoolagoliteQuaamaBermaguiTanjaGreendaleAngledale

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