Thinking about buying in Murga? Now could not be a better time, with just 35 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $439,000 with prices in this suburb ranging from $439,000 to $439,000. The aproximate distance to the coast is 239 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Murga Real Estate Market Outlook
In Murga 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 Murga 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 Murga 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 Murga 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 Murga there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Murga 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 15.5 | 33.6 | 23.0 | 82.6 | 3.6 | 27.2 |
| Feb | 2.7 | 15.0 | 30.2 | 32.0 | 86.4 | 3.5 | 23.1 |
| Mar | 2.7 | 12.3 | 26.9 | 38.1 | 90.9 | 3.1 | 18.4 |
| Apr | 1.3 | 7.3 | 22.3 | 42.7 | 94.7 | 2.6 | 14.9 |
| May | 1.2 | 3.0 | 17.4 | 50.6 | 96.6 | 2.5 | 11.1 |
| Jun | 2.0 | 2.1 | 13.9 | 61.5 | 97.4 | 2.5 | 9.1 |
| Jul | 1.9 | 0.6 | 13.2 | 61.3 | 98.7 | 2.4 | 9.4 |
| Aug | 1.3 | 0.5 | 14.5 | 52.6 | 98.1 | 2.6 | 12.4 |
| Sept | 1.6 | 2.3 | 18.3 | 44.9 | 96.2 | 2.9 | 17.4 |
| Oct | 1.4 | 5.7 | 23.1 | 36.7 | 94.4 | 3.1 | 22.3 |
| Nov | 2.8 | 9.6 | 27.2 | 30.6 | 91.7 | 3.1 | 25.0 |
| Dec | 2.2 | 12.7 | 30.4 | 24.5 | 85.1 | 3.4 | 27.9 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 21-10-2024 | $1,300,000 | 270 YELLS RD |
| 28-06-2023 | $17,316,000 | 144 REEDY CREEK RD |
| 07-04-2022 | $680,000 | 139 CLEVELAND RD |
| 06-09-2021 | $100,000 | 6157 THE ESCORT WAY |
| 05-11-2020 | $475,000 | 6495 THE ESCORT WAY |
| 03-11-2016 | $425,000 | 6697 THE ESCORT WAY |
| 14-01-2015 | $310,000 | 6651 THE ESCORT WAY |
| 17-11-2010 | $183,333 | 6697 THE ESCORT WAY |
| 28-11-2008 | $470,000 | 5893 THE ESCORT WAY |
| 29-09-2006 | $425,000 | 270 YELLS RD |
| 13-09-2005 | $300,000 | 139 CLEVELAND RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Dripping Rock - Less than 10 KM
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