Murray Island, also known as Mer or Mer Island, is part of the Torres Strait Islands in Queensland, Australia. The housing market on Murray Island is unique compared to more urbanized regions of Australia. Due to its remote location and cultural significance, the real estate on the island is heavily influenced by traditional ownership laws and regulations governed by the Torres Strait Islander Regional Council. Most land is held in trust for the Meriam people, the traditional owners of the land. This situation creates a limited market for property transactions, with much of the housing typically provided by social or community housing programs. Consequently, the demand for housing usually aligns with the needs of the local population rather than external market pressures. The availability of homes is often tied to community and family dynamics, with housing projects aimed at improving living conditions and accommodating community growth.
Living on Murray Island offers a distinct experience, heavily influenced by its natural beauty, cultural richness, and close-knit community lifestyle. The island is renowned for its vibrant cultural heritage, particularly as the home of the landmark Mabo case, where Eddie Mabo and others challenged Australian property law leading to significant legal recognition of Indigenous land rights. Residents enjoy a lifestyle deeply connected to traditional practices, with fishing and agriculture playing vital roles in daily life. The island's isolation engenders a strong sense of community, with residents often participating in communal activities and events that celebrate their rich cultural heritage. While access to some modern amenities can be limited compared to mainland Australia, the island's self-sufficiency, combined with its stunning natural environment, provides a unique and rewarding living experience focused on community and tradition.
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Housing Stock
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Thinking about buying in Murray Island? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Murray Island 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 Murray Island 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 Murray Island 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. Medium density in Murray Island necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Murray Island we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Murray Island a better buying opportunity than it may have been in the past.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Murray Island there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 14.1 | 25.3 | 31.1 | 69.3 | 92.5 | 3.9 | 18.3 |
| Feb | 12.6 | 25.3 | 30.8 | 70.5 | 93.6 | 3.6 | 20.3 |
| Mar | 10.5 | 25.3 | 30.8 | 71.0 | 93.8 | 3.4 | 19.2 |
| Apr | 5.6 | 25.6 | 30.9 | 68.4 | 90.2 | 4.7 | 21.1 |
| May | 1.7 | 25.1 | 30.3 | 65.3 | 86.5 | 6.2 | 20.1 |
| Jun | 0.4 | 24.3 | 29.7 | 63.8 | 87.3 | 6.3 | 19.1 |
| Jul | 0.3 | 23.4 | 29.1 | 61.6 | 87.9 | 6.7 | 19.8 |
| Aug | 0.2 | 23.5 | 29.6 | 58.9 | 84.7 | 6.7 | 22.0 |
| Sept | 0.1 | 24.1 | 30.3 | 58.0 | 83.1 | 7.0 | 24.1 |
| Oct | 0.6 | 24.9 | 31.3 | 58.6 | 83.6 | 6.7 | 25.9 |
| Nov | 0.7 | 26.0 | 32.1 | 59.4 | 83.3 | 5.8 | 26.2 |
| Dec | 4.3 | 25.9 | 32.4 | 61.3 | 87.3 | 4.2 | 23.4 |
source: Australian Government Bureau of Meteorology
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