Murarrie is a smaller suburb in Queensland within the Brisbane local government area (postcode 4172). With a population of 4,946, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $123K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Murarrie is $1.1 million, having grown strongly 8.6% over the past year. Units have a median price of $795,000 (+13.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,167.
Murarrie is served by 1 school, including 1 primary. The average ICSEA score is 956, which is around the national average of 1,000. Public transport access includes 5 rail stations, 10 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Murarrie offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +8.6% year-on-year.
Murarrie is a smaller suburb in Queensland within the Brisbane local government area (postcode 4172). With a population of 4,946, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $123K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Murarrie is $1.1 million, having grown strongly 8.6% over the past year. Units have a median price of $795,000 (+13.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,167.
Murarrie is served by 1 school, including 1 primary. The average ICSEA score is 956, which is around the national average of 1,000. Public transport access includes 5 rail stations, 10 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Murarrie offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +8.6% year-on-year.