Murtoa

Murtoa, VIC 3390 is a small suburb with a population of 897 residents. The age group distribution is varied, with a significant number of residents falling in the age group of 5-19 years and 45-64 years. The suburb offers a median household income of $1,007 weekly and median mortgage repayments of $700 monthly. The most common occupations in Murtoa are managers, professionals, and technicians/tradeworkers. Murtoa presents an opportunity for property investors interested in houses. With a moderate number of properties listed for sale and rent, combined with a healthy rental yield of 7.8%, it attracts both tenants and potential buyers. The suburb has shown a strong median growth rate over the past year, making it potentially lucrative for long-term capital growth. Murtoa, VIC 3390 is a small suburb with diverse age demographics and a mix of occupations. It offers a moderate income level and reasonable housing affordability. For property investors focusing on houses, Murtoa provides a promising investment opportunity with good rental yield and potential for capital appreciation. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022