Murray River, NSW

The Murray River Council is a local government area in New South Wales, located in the Riverina region. The LGA’s property market is characterised by a large number of small towns and villages, many of which are located along the river itself. The market is also popular with retirees and holiday-home owners. The majority of properties are owner-occupied, and the house prices are relatively affordable.

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The economy of the Murray River is based on agriculture and tourism.

Managers account for 24.1 % of employment in Murray River, followed by professionals (14.0 %), labourers (13.2 %), technicians and trades workers (12.6 %), and clerical and administrative workers (10.1 %). Murray River residents aged 15 years and older have a median weekly personal income of $558.

The Murray River real estate market is made up of a mix of rural and urban dwellings. The rural dwellings are typically large estates with acreage, while the urban dwellings are typically smaller, more compact homes. In Murray River, 87.2 % of occupied private residences are detached houses, 4.0 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 5.4 % are flats or apartments, and 2.6 % are other dwellings.

If you’re looking to invest in property in Murray River, there are a few things you should keep in mind. Firstly, it’s important to do your research and find a suburb that’s growing or has potential for growth. Secondly, you’ll want to think about what type of property you want to invest in. And finally, it’s always a good idea to consult with a professional before making any major decisions.

Use the interactive dashboard below to help you assess Murray River suburbs for property investment.

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Capital Growth Heatmap

Property Market Snapshot

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

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Murray River Council, NSW

What other property markets are there near Murray River Council, NSW?

Murray River Council is surrounded by 1 other council area – Berrigan.

Suburbs/localities in this Local Government Area: Cunninyeuk 2734, Deniliquin 2710, Dhuragoon 2733, Dilpurra 2734, Gonn 2732, Goodnight 2736, Barham 2732, Keri Keri 2711, Koraleigh 2735, Mallan 2734, Mathoura 2710, Mellool 2734, Moama 2731, Moolpa 2734, Moulamein 2733, Murray Downs 2734, Niemur 2733, Noorong 2732, Speewa 2735, Stony Crossing 2734, Tantonan 2731, Thule 2732, Thyra 2731, Tooleybuc 2736, Tooranie 2734, Tullakool 2732, Wakool 2710, Waugorah 2711, Wetuppa 2734, Womboota 2731, Yanga 2711, Bullatale 2710, Aratula 2714, Bunnaloo 2731, Burraboi 2732, Caldwell 2710, Calimo 2710, Cobramunga 2732

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