Murrindindi Shire, VIC

The Shire of Murrindindi is a local government area in Victoria’s Hume region. The LGA’s property market is made up of mostly farmland and rural properties. The property market is quite stable and there is a good level of demand for properties in the area.

Show More

The pros of living in Murrindindi Shire are the rural lifestyle, the quiet and peaceful atmosphere, and the good level of community spirit. However, there is a lack of facilities and services, and noticeable distance from larger centres.

The shire is home to a range of agricultural businesses, including dairy, beef, sheep, and pork production. There is also a strong forestry industry, with timber plantations and sawmills located throughout the shire.

In Murrindindi, the most frequent vocations are Technicians and Trades Workers (18.3 %), Managers (16.7 %), Professionals (13.7 %), Community and Personal Service Workers (12.3 %), and Labourers (12.2 %).Murrindindi’s typical weekly personal income for persons aged 15 years and above is $553.

The properties vary in size, with some being large farms and others being small acreages. There is a wide range of properties available, including houses, cottages, farms, and land. In Murrindindi, 92.5 % of occupied private residences are detached houses, 2.4 % are semi-detached, row or terrace houses, townhouses, or other buildings, 1.1 % are flats or apartments, and 3.0 % are other dwellings.

If you’re looking to invest in property in the Murrindindi Shire, Victoria, there are a few things you should keep in mind. Firstly, make sure you do your research and find an area that you think will grow in value over time. Secondly, make sure you have a solid investment plan and are prepared to follow it long-term. Finally, always crunch the data before making an investment decision.

Use the interactive dashboard below to help you establish the best suburbs for property investment in Murrindindi Shire.

Show Less



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.

Sign up on the Starter Plan for 95¢

Subscribe to our newsletter and receive a $5 discount code to your verified email

No data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
Upgrade to Starter Plan to see U|H and R|O data.
unit to houses pie charts
Renters to owners pie chart
Upgrade to Starter Plan to see IRSAD data.
IRSAD chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
You’re welcome to leave your feedback on our forum.

Property Market in Murrindindi Shire, VIC

What other property markets are there near Murrindindi Shire, VIC?

Murrindindi Shire is surrounded by 6 other council areas – Strathbogie, Yarra Ranges, Nillumbik, Mansfield, Mitchell, Whittlesea.

Suburbs/localities in this Local Government Area: Glenburn 3717, Gobur 3719, Homewood 3717, Kerrisdale 3660, Killingworth 3717, Kinglake 3763, Kinglake Central 3757, Kinglake West 3757, Koriella 3714, Limestone 3717, Maintongoon 3714, Marysville 3779, Molesworth 3718, Murrindindi 3717, Narbethong 3778, Pheasant Creek 3757, Alexandra 3714, Rubicon 3712, Strath Creek 3658, Taggerty 3714, Taylor Bay 3713, Terip Terip 3719, Thornton 3712, Whanregarwen 3714, Yarck 3719, Yea 3717, Buxton 3711, Acheron 3714, Castella 3777, Cathkin 3714, Caveat 3660, Devils River 3714, Dropmore 3660, Eildon 3713, Fawcett 3714, Ghin Ghin 3717

Leave a comment