Murray Downs is a quiet locality in New South Wales within the Murray River local government area (postcode 2734). With a population of 274, the suburb has a mature demographic with a median age of 48. Households earn a median income of $126K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Murray Downs is $785,000, having dropped significantly 25.2% over the past year. The median weekly rent is $370 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,673.
Public transport access includes 6 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Murray Downs offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($785K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved -25.2% year-on-year.
Murray Downs is a quiet locality in New South Wales within the Murray River local government area (postcode 2734). With a population of 274, the suburb has a mature demographic with a median age of 48. Households earn a median income of $126K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Murray Downs is $785,000, having dropped significantly 25.2% over the past year. The median weekly rent is $370 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,673.
Public transport access includes 6 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Murray Downs offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($785K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved -25.2% year-on-year.