Question 1

Is Marysville a nice place to live?

Accepted Answer

Marysville is a compact mountain village in Victoria's Yarra Ranges, set among tall eucalypt forest and known for Steavenson Falls and easy access to Lake Mountain and Yarra Ranges National Park. The town has a small centre of cafes, craft shops and visitor services that cater to day trippers, weekenders and locals. Housing ranges from timber holiday cottages and chalets to more permanent homes on bush blocks, and the lifestyle revolves around outdoor recreation such as bushwalking, mountain biking, scenic drives and winter snow play. It suits people who want a quiet, nature-focused base rather than suburban living.

The community numbers 501 people, with a median age of 59 and a median household income of $1,078 a week, roughly $56,000 a year.

Household composition is strongly weighted towards couples without children: couple families without children make up 72.2% of families, or around three in four. Couple families with children are 19.2%, while one-parent families account for 8.6%.

Homes in Marysville are mostly owner-occupied: 76.9% are owned (57.1% owned outright and 19.8% owned with a mortgage), and 23.0% are rented.

Question 2

Is it expensive to live in Marysville?

Accepted Answer

Marysville's median total household income as recorded at the most recent Census was $1,078 a week. There haven't been enough recent sales or rentals in Marysville to publish reliable current house or unit price and rent figures, so it's not possible to describe how expensive it is to live here compared with local incomes at the last Census.

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 Marysville a good place to invest?

Accepted Answer

Over the past 12 months the median house value in Marysville rose 3.7%, a modest increase in what houses are worth in the suburb. That movement is the capital-growth measure for houses over the year.

There isn't enough recent data here to report on unit values or rents, so the 3.7% house rise is the only suburb-level change shown. Whether that modest capital growth fits your investment goals depends on your priorities and circumstances.

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	3.7%	N/A
Sold Past 3 months	7	1
Median days on market Past 12 months	175	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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