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South Murwillumbah, NSW 2484

Home » NSW Real Estate Data » Tweed Shire Council, NSW » South Murwillumbah, NSW 2484

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for South Murwillumbah, NSW 2484 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Rent 

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Yield 

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Buy 

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “South Murwillumbah, NSW 2484”

  1. The total adult population (15 years or older) of South Murwillumbah 2484 NSW is 909, with a median age of 48. Of those, 34.54% are married, 19.47% are divorced or separated, 37.40% are single and 7.92% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $5,984. The median monthly mortgage repayment for households in this suburb is $1,687 which is 28.19% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in NSW, the suburb of SOUTH MURWILLUMBAH 2484 boasts approximately 940 households, offering a mix of facilities and relaxed living. A review of the property market in Q3 2023 reveals typical house prices in SOUTH MURWILLUMBAH 2484 stands at $764,084 coupled with a median weekly rent pegged at $626. This trend culminates in a robust indicative yield of 4.26%, rather favourable for cashflow-centered property investors looking for yields above 3%.

    SOUTH MURWILLUMBAH’s socio-economic fabric, depicted by an IRSAD score of 896 out of 1217, suggests a community with commendable economic resource access, higher income levels and a skilled professional pool. Encouragingly, the suburb presents a lower renter to owner ratio of 25%, reflecting an appealing and balanced living dynamics as this is below the critical 30% threshold which would otherwise suggest a competitive rental market with potential lower long-term returns for property investors.

    The units to houses ratio in the suburb is quite low, sitting at 4%, meaning the market is not over-saturated with units (a favourable metric for property investors). The fact that fewer units and more houses are available will likely attract more families, boding well for longer tenancy periods.

    However, potential investors should cognisance of the Affordability Index, which at 50 years, suggests that home ownership could be a stretch for residents based on current interest rates, median family income, and property prices.

    Analysis of supply metrics show a stock on market Percentage of 0.85% for houses – a neutral indicator where supply isn’t overly high. inventory levels stand at 4.8 months indicating a slight oversupply market situation, while the building approvals Ratio remains in the moderate range at 1.91%.

    Demand metrics indicate houses remain on the market for an average of 58 days, while a vacancy rate of 1.26% indicates a high demand in terms of combined houses and units. Notably, the buy search index for houses is 7, suggesting that demand for houses in this area is high relative to the state or city average.

    While some metrics do fall into unfavourable ranges, majority of the metrics are advantageous. Investors may be heartened by the fact that SOUTH MURWILLUMBAH 2484 is still an appealing prospect for those aiming for secure long-term investments.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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