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Suburb Insights ยท VIC 3512

Murrayville 3512, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Murrayville is a regional centre in Victoria, Australia, with a population of approximately 278, making it a boutique locality. Located approximately 444 km from the Melbourne CBD, Murrayville is a regional area in Victoria. The median household income is $57,304 AUD per year (ABS 2021 Census).

Investment Score

25 / 100 Weak

Household earnings in Murrayville are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Murrayville, Victoria, Australia.

Key Indicators

Postcode
3512

Official Australia Post postcode for Murrayville. A postcode may cover multiple suburbs.

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Population
278

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$110/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$57,304/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
444 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$689/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
79% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Murrayville serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $110/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $689/month. 79% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in Murrayville requires careful assessment of local economic resilience.

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Rental Yield

Murrayville's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Limited buyer depth in Murrayville makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Murrayville property

Full Property Analysis

30-year projections for Murrayville

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Murrayville is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Murrayville may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Murrayville a good suburb for investment?

Murrayville is a regional area in Victoria with a population of 278. The median rent is $110/week and the median household income is $57,304/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Murrayville?

Key demand drivers in Murrayville include regional employment hubs, lifestyle, and affordability. 79% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Murrayville?

According to the ABS 2021 Census, Murrayville has a population of approximately 278. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Murrayville from the Melbourne CBD?

Murrayville is approximately 444 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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