Question 1

Is Marlo a nice place to live?

Accepted Answer

Marlo's river estuary where the Snowy River meets Bass Strait, the long Ninety Mile Beach and a compact village centre are the suburb's most distinctive features.

The community is older, with many couple families without children at home and many households owning their homes outright, and at the 2021 Census 602 people lived in Marlo. Everyday amenity is centred on basic shops and services in the village, road links to regional towns, and the Marlo Coastal Reserve, which includes the Snowy River Estuary Walk and a concrete boat ramp at The Slips that provides access to the estuary; local recreation is focused on fishing, boating and long shoreline walks amid pockets of native coastal vegetation and saltmarsh.

Question 2

Is it expensive to live in Marlo?

Accepted Answer

At the most recent Census a typical local household in Marlo earned about $1,383 a week. However, there haven't been enough recent sales or rentals in Marlo to publish reliable price and rent figures, so it isn't possible to describe how expensive housing is here compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Marlo a good place to invest?

Accepted Answer

A sharp fall in house values is the dominant movement in Marlo: median house values fell 28.5% in the past 12 months. For houses, that 28.5% decline is a substantial reduction in capital value over the period.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-28.5%	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	70	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	VIC
Median age years	56	38
Median household income weekly	$1,383	$1,759
Couples with children share of families	32.1%	45.5%
Couples without children share of families	61.5%	37.6%
One-parent families share of families	6.4%	15.2%
Homes owned outright share of homes	57.9%	33.2%
Homes with a mortgage share of homes	24.8%	37.3%
Homes rented share of homes	17.3%	29.5%

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