Murrumbateman is a smaller suburb in New South Wales within the Yass Valley local government area (postcode 2582). With a population of 3,607, the suburb has an established demographic with a median age of 40. Households earn a median income of $174K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Murrumbateman is $820,000, having dropped significantly 25.5% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,600.
Murrumbateman is served by 1 school, including 1 primary. The average ICSEA score is 1056, which is above the national average of 1,000. Public transport access includes 71 bus stops. The crime rate in the Yass Valley LGA is low at 1,626 incidents per 100,000 population.
From an investment perspective, Murrumbateman offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($820K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved -25.5% year-on-year.
Murrumbateman is a smaller suburb in New South Wales within the Yass Valley local government area (postcode 2582). With a population of 3,607, the suburb has an established demographic with a median age of 40. Households earn a median income of $174K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Murrumbateman is $820,000, having dropped significantly 25.5% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,600.
Murrumbateman is served by 1 school, including 1 primary. The average ICSEA score is 1056, which is above the national average of 1,000. Public transport access includes 71 bus stops. The crime rate in the Yass Valley LGA is low at 1,626 incidents per 100,000 population.
From an investment perspective, Murrumbateman offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($820K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved -25.5% year-on-year.