Located in Victoria within the Greater Shepparton local government area, Murchison East is a small, quiet locality (postcode 3610). With a population of 140, the suburb has a predominantly older resident base with a median age of 60. Households earn a median income of $47K per year, with an average household size of 1.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, community & personal service. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are English, Australian, Irish.
The current median weekly rent is $470. The median monthly mortgage repayment is $1,083.
Public transport access includes 2 rail stations. The crime rate in the Greater Shepparton LGA is higher than average at 14,955 incidents per 100,000 population.
On the investment side, Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.