Murrawong is a quiet locality in South Australia within the Murray Bridge local government area (postcode 5253). It is home to about 19 residents, with a predominantly older resident base and a median age of 73. Households earn a median income of $40K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The top ancestries reported are English, German, Dutch.
The median weekly rent is $190 (Census 2021).
Looking at the investment signals, Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.