Murrumbucca is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 82, the suburb has a mature demographic with a median age of 52. Households earn a median income of $114K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Murrumbucca is $463,000, having surged 14.9% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,700.
Public transport access includes 7 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Murrumbucca offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($463K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +14.9% year-on-year.
Murrumbucca is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 82, the suburb has a mature demographic with a median age of 52. Households earn a median income of $114K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Murrumbucca is $463,000, having surged 14.9% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,700.
Public transport access includes 7 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Murrumbucca offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($463K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +14.9% year-on-year.