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Murgon
AREA REPORTS

Murgon

Murgon - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4605

house

Property investors enjoyed capital gains of 21.12% over the last 12 months in MURGON, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a -0.11% decrease over a ten-year period. It ranks 4488th on our list of suburbs that property investors should look into.

MURGON, 4605 has a capital gain of 21.12% for the past year, which is higher than average compared to its 23.08% growth within a five-year period.

With the median home price in MURGON sitting at $160,000, and the average rent at $250, property owners could potentially earn a 8.13% increase in gross rental yield.

A 21.12% increase in median property prices in MURGON, 4605 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 91st.

Figures from the previous quarter show that capital gains for real estate buyers in MURGON are high, as opposed to average gains per annum over the past five years.

MURGON, 4605 in QLD belongs to the local government area of South Burnett (R).

Data report can be found below

Murgon
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $160,000 N/A
GROWTH REPORT
Median Quarterly 4.92% N/A
Median 12 month 21.12% N/A
Median 3 years 5.26% N/A
Median 5 years 23.08% N/A
10 years average annual -0.11% N/A
Weekly media advert. rent $250 N/A
Time on Market 161.0 days N/A
Gross Rental Yield Percent 8.13% N/A
demographics (median values)*
Total Population
2635
Weekly Household Income
744.1
Household Size
2.50
Age
37
Monthly Loan Repayment
758
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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