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Echuca suburb profile

Echuca, located in Victoria, is a charming riverside town renowned for its rich history and vibrant tourism scene. Situated on the banks of the Murray River, Echuca is famous for its historic port, paddle steamers, and heritage buildings, offering a glimpse into its past as a bustling river trade hub. The town's lively atmosphere is complemented by a variety of cafes, restaurants, and boutique shops, making it a popular destination for visitors. With its scenic riverfront, recreational activities, and strong community spirit, Echuca provides a delightful blend of relaxation and adventure for residents and tourists alike.

Echuca property market performance

Current median dwelling price$527,500Past 3 months

Property growth+1.4%Past 12 months

Echuca’s property market has shown modest growth over the past 12 months, with house values increasing by 2.9%, bringing the median house price to $617,500. The unit market has remained stable, with no change in median value, reflecting limited activity in this sector.

Sales activity has been relatively active, with 68 houses and 8 units sold in the past 12 months. Houses are selling slightly faster than units, with a median of 44 days on the market compared to 48 days for units, indicating a steady demand for both property types.

The rental market in Echuca has seen little movement for houses, with no change in average rent over the last 12 months. However, unit rents have increased by 4.9%, suggesting a growing interest in rental units within the suburb.

HousesUnits
Median price
Past 3 months
$625K$430K
Change in value
Past 12 months
6.4%-3.7%
Sold
Past 3 months
7112
Median days on market
Past 12 months
4348
Average rent
Past 12 months
$550$420
Change in rent
Past 12 months
N/A2.4%

5 year median price trend for houses and units

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Echuca demographics

Echuca, located on the banks of the Murray River in Victoria, is a charming regional town known for its rich history and vibrant community. With a population of 15,056, Echuca offers a blend of rural tranquility and cultural heritage, making it an attractive destination for families, retirees, and tourists alike. The median age of 45 suggests a mature community, with many residents enjoying the town's relaxed pace and scenic surroundings.

The housing landscape in Echuca is characterized by a significant proportion of home ownership, with 39.1% of properties owned outright and 31.6% owned with a mortgage. This reflects a stable community with a strong sense of belonging and investment in the area. Rental properties account for 29.3% of the housing market, providing options for those seeking flexibility or temporary residence in this picturesque town.

Family life is a cornerstone of Echuca's community, with 35.2% of households being couple families with children and 45.7% being couple families without children. One-parent families make up 18% of the population, highlighting the suburb's inclusive and supportive environment. The town's median total household income of $1,335 per week aligns with its regional setting, offering an affordable lifestyle compared to urban centers.

Echuca's appeal lies in its unique blend of history, community spirit, and natural beauty. The town is renowned for its historic port, paddle steamers, and vibrant arts scene, attracting visitors and new residents who appreciate its cultural offerings and outdoor activities. Whether you're exploring the river, enjoying local cuisine, or participating in community events, Echuca provides a welcoming and enriching environment for all.

Suburbs near Echuca

Some popular suburbs near Echuca include:

  • Moama: Known for its scenic riverfront and relaxed lifestyle, Moama is located directly across the Murray River from Echuca.
  • Tongala: A charming rural town with a strong dairy farming community, Tongala is situated to the south of Echuca.
  • Barmah: Famous for the Barmah National Park and its rich indigenous history, Barmah lies to the northeast of Echuca.
  • Lockington: Known for its agricultural heritage and community spirit, Lockington is located to the southwest of Echuca.
  • Rochester: Featuring historic architecture and a vibrant arts scene, Rochester is situated to the southeast of Echuca.

How does Echuca compare to nearby suburbs?

  • Median house prices: Echuca’s median house price is 43.7% higher than Rochester’s.
  • Median unit prices: Echuca’s median unit price is 11.0% higher than Moama’s.
  • House price growth: Over the past 12 months, house prices in Echuca have grown 5.9% higher than in Moama.
  • Unit price growth: Property prices in nearby Moama have risen 14.6% more than in Echuca over the past year.
  • Selling speed for houses: Properties in Echuca are selling 27.1% faster than in Moama.
  • Selling speed for units: Properties in Echuca are selling 42.9% faster than in Moama.

Choose the right real estate agents in Echuca

There are 43 real estate agents in Echuca, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 44.3% of all sales in the past year.

Commission rates in Echuca typically range from 2.65% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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