Murrah is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2546). With a population of 82, the suburb has an older demographic with a median age of 60. Households earn a median income of $80K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Murrah is $2.2 million, having surged 140% over the past year. The current median weekly rent is $435. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $758.
Public transport access includes 4 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Murrah offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.7x is considered stretched. House prices have moved +140.0% year-on-year.
Murrah is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2546). With a population of 82, the suburb has an older demographic with a median age of 60. Households earn a median income of $80K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Murrah is $2.2 million, having surged 140% over the past year. The current median weekly rent is $435. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $758.
Public transport access includes 4 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Murrah offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.7x is considered stretched. House prices have moved +140.0% year-on-year.