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Marysville suburb profile

Marysville is a picturesque town nestled in the foothills of the Great Dividing Range in Victoria, known for its stunning natural beauty and tranquil atmosphere. Located approximately 90 minutes northeast of Melbourne, it serves as a gateway to the Yarra Ranges National Park and Lake Mountain Alpine Resort. Marysville is renowned for its lush gardens, scenic waterfalls, and outdoor recreational activities, attracting nature lovers and adventure seekers. The town has rebuilt and revitalized following the 2009 bushfires, offering charming accommodations, local art galleries, and a welcoming community spirit. Its serene environment and proximity to natural attractions make Marysville a popular destination for tourists and locals alike.

Marysville property market performance

Marysville's property market has remained stable over the past 12 months, with no change in the median house value, which currently stands at $560,000. The unit market is virtually non-existent, with no recorded median price or sales activity. Over the last year, 11 houses were sold, while only one unit transaction took place, indicating limited market activity.

Houses in Marysville are taking a significant amount of time to sell, with a median of 216 days on the market over the past three months. This suggests a slow-moving market with potential challenges in attracting buyers. The rental market data is unavailable, indicating either a lack of rental properties or insufficient data collection in the area.

HousesUnits
Median price
Past 3 months
$620KN/A
Change in value
Past 12 months
-3.1%N/A
Sold
Past 3 months
101
Median days on market
Past 12 months
175N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

5 year median price trend for houses and units

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Marysville demographics

Marysville, nestled in the picturesque Yarra Valley region of Victoria, is a charming small town known for its natural beauty and tranquil lifestyle. With a population of just 501, it offers a close-knit community atmosphere, making it an ideal location for those seeking a peaceful retreat from the hustle and bustle of city life. The median age of 59 indicates a mature population, with many residents likely enjoying retirement or a slower pace of life amidst the scenic surroundings.

The housing landscape in Marysville is characterized by a high rate of outright home ownership, with 57.1% of properties owned outright. This suggests a stable community with long-term residents who have established roots in the area. Additionally, 19.8% of homes are owned with a mortgage, while 23% are rented, providing a mix of housing options for different lifestyles and preferences.

Family dynamics in Marysville reflect a predominance of couple families without children, accounting for 72.2% of the family structure. This is indicative of the suburb's appeal to empty nesters and retirees who appreciate the serene environment and community spirit. The presence of couple families with children, though smaller at 19.2%, adds to the diversity of the community, while the low percentage of one-parent families (8.6%) further highlights the suburb's family-oriented nature.

Suburbs near Marysville

Some popular suburbs near Marysville include:

  • Buxton: Known for its scenic landscapes and trout fishing, Buxton is located to the southwest of Marysville.
  • Mcmahons Creek: A tranquil area surrounded by lush forests, Mcmahons Creek lies to the southeast of Marysville.
  • Toolangi: Famous for its towering mountain ash trees and walking trails, Toolangi is situated to the west of Marysville.
  • East Warburton: Known for its natural beauty and proximity to the Yarra River, East Warburton is located to the south of Marysville.
  • Chum Creek: Offering a rural lifestyle with vineyards and bushland, Chum Creek is situated to the northwest of Marysville.

How does Marysville compare to nearby suburbs?

  • House price growth: Property prices in nearby East Warburton have risen 1.0% more than in Marysville over the past year.
  • Selling speed for houses: Properties in nearby East Warburton are selling 88.0% faster than in Marysville.
  • House price growth: Over the past 12 months, house prices in Marysville have grown 39.6% lower than the average rate of growth across Melbourne.

Choose the right real estate agents in Marysville

There are 10 real estate agents in Marysville, 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 83.3% of all sales in the past year.

Commission rates in Marysville typically range from 2.16% to 2.63%. 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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