Thinking about buying in Murrumba Downs? Now could not be a better time, with 5285 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $747,000 with prices in this suburb ranging from $307,000 to $2,944,000. Murrumba Downs is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $403.11 |
Median Monthly Mortgage | $1818.44 |
Median Persons Per Bedroom | 0.73 |
Average Household Size | 2.89 |
Average Age | 45.11 |
Average Income | $880.78 |
Average Cars Per Dwelling | 1.99 |
Average Properties Within 50M | 47 |
1 Bed  $636,000 |
2 Bed  $615,000 |
3 Bed  $623,000 |
4 Bed  $909,000 |
5 Bed  $1,139,000 |
6 Bed+$1,126,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Murrumba Downs due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Murrumba Downs classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Murrumba Downs requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
UNIT 39, 44 DUYVESTYN TCE, MURRUMBA DOWNS, QLD, 4503 | 3 | 2 | 1 | For Sale | |
62 BLACKALL RD, MURRUMBA DOWNS, QLD, 4503 | 5 | 3 | 4 | Price by Negotiation | |
UNIT 45, 37 WAGNER RD, MURRUMBA DOWNS, QLD, 4503 | 3 | 2 | 2 | For Sale | |
1 LOTUS ST, MURRUMBA DOWNS, QLD, 4503 | 4 | 2 | 2 | For Sale | |
66 PINE RIVER DR, MURRUMBA DOWNS, QLD, 4503 | 6 | 4 | 3 | Offers over $1.1mil | |
12 LAKEVIEW TCE, MURRUMBA DOWNS, QLD, 4503 | 4 | 2 | 2 | Offer Over $1,100,000 | |
46 OISIN ST, MURRUMBA DOWNS, QLD, 4503 | 5 | 3 | 3 | Under Contract | |
8 BURNETT DR, MURRUMBA DOWNS, QLD, 4503 | 3 | 1 | 2 | Inviting Offers | |
18 CLARENCE ST, MURRUMBA DOWNS, QLD, 4503 | 4 | 2 | 2 | 849000 | |
40 HAMPSTEAD OTLK, MURRUMBA DOWNS, QLD, 4503 | 5 | 3 | 2 | 1300000 | |
5 HADLEIGH CT, MURRUMBA DOWNS, QLD, 4503 | 5 | 2 | 3 | 1300000 | |
8 LADY GUINEVERE CCT, MURRUMBA DOWNS, QLD, 4503 | 4 | 2 | 2 | 1050000 | |
5 NORTHQUARTER DR, MURRUMBA DOWNS, QLD, 4503 | 5 | 5 | 4 | 1500000 | |
22 WELLINGTON RD, MURRUMBA DOWNS, QLD, 4503 | 4 | 2 | 2 | BEST OFFER OVER $889,0.. | |
TOWNHOUSE 32, 10-22 BLYTH RD, MURRUMBA DOWNS, QLD, 4503 | 3 | 2 | 1 | FOR SALE |
Living Faith Lutheran Primary School
Undurba State School
Murrumba State Secondary College
Griffin State School
St Benedict's College
Kallangur State School
North Lakes State College
Mango Hill State School
The Lakes College
YOS Lawnton
(While the above schools are located with the suburb of Murrumba Downs 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 | 6.6 | 22.3 | 29.1 | 55.0 | 82.7 | 6.7 | 24.1 |
Feb | 5.5 | 22.0 | 28.9 | 56.5 | 85.5 | 6.6 | 21.9 |
Mar | 4.5 | 21.0 | 27.8 | 56.5 | 85.8 | 6.2 | 18.8 |
Apr | 2.7 | 17.9 | 26.0 | 53.7 | 86.7 | 5.4 | 17.0 |
May | 1.6 | 14.6 | 23.5 | 50.4 | 85.4 | 4.3 | 14.1 |
Jun | 2.6 | 12.6 | 21.4 | 51.9 | 85.9 | 4.2 | 12.2 |
Jul | 1.0 | 11.4 | 20.2 | 49.6 | 83.8 | 4.1 | 13.5 |
Aug | 0.3 | 11.7 | 22.8 | 41.0 | 84.0 | 4.0 | 16.7 |
Sept | 0.8 | 14.2 | 23.9 | 45.0 | 84.0 | 5.1 | 19.8 |
Oct | 4.0 | 17.1 | 25.4 | 51.1 | 84.8 | 5.9 | 22.9 |
Nov | 2.4 | 19.7 | 26.9 | 52.5 | 83.0 | 6.3 | 26.4 |
Dec | 3.8 | 21.3 | 28.5 | 53.5 | 82.4 | 6.2 | 25.5 |
source: Australian Government Bureau of Meteorology
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