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Murrumba Downs suburb profile

Murrumba Downs is a picturesque suburb located in the Moreton Bay Region, approximately 24km north of Brisbane's CBD. Known for its family-friendly atmosphere, the suburb offers a mix of modern housing developments and natural beauty, with the North Pine River and numerous parks providing ample recreational opportunities. Murrumba Downs boasts excellent connectivity via the Bruce Highway and nearby train stations, making it convenient for commuters. The area is well-served by local amenities, including schools, shopping centres, and healthcare facilities, making it an attractive choice for families and professionals seeking a balanced lifestyle.

Murrumba Downs property market performance

Current median dwelling price$838,500Past 3 months

Property growth+20.5%Past 12 months

Murrumba Downs has experienced a robust property market over the past 12 months, with house values increasing by 13.5%. The current median house price stands at $1.02 million. Although there is no median unit price available, unit values have surged by 28.7%, indicating a strong interest in this segment.

Sales activity has been active, with 40 houses and 8 units sold in the past year. Both houses and units are selling quickly, with a median of just 12 days on the market, reflecting high demand and quick buyer decisions.

The rental market for houses in Murrumba Downs has also seen significant growth, with average rents increasing by 9.6% over the last 12 months, reaching $650. However, there is no available data on unit rentals, suggesting limited rental activity in this segment.

HousesUnits
Median price
Past 3 months
$1.04MN/A
Change in value
Past 12 months
13.0%28.0%
Sold
Past 3 months
397
Median days on market
Past 12 months
1210
Average rent
Past 12 months
$650N/A
Change in rent
Past 12 months
8.3%N/A

5 year median price trend for houses and units

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Murrumba Downs demographics

Murrumba Downs, located in the Moreton Bay Region of Queensland, is a suburb that offers a blend of suburban tranquility and convenient access to urban amenities. With a population of 10,795, it is a community that appeals to families and individuals seeking a balanced lifestyle. The median age of 39 suggests a mature community, with many residents likely to be established professionals and families.

The suburb is characterized by a strong presence of family households, with 44.9% of families being couples with children, and 37.2% being couples without children. This indicates a family-friendly environment, supported by local schools, parks, and recreational facilities. One-parent families make up 16.9% of the community, reflecting a diverse family structure within the suburb.

In terms of housing, Murrumba Downs offers a mix of ownership options. A significant portion of properties, 28.3%, are owned outright, while 43.6% are owned with a mortgage, indicating a stable housing market with opportunities for both new buyers and long-term residents. The rental market, comprising 28.1% of properties, provides flexibility for those not ready to purchase a home. The median total household income of $1827 per week suggests a comfortable standard of living, making Murrumba Downs an attractive option for those seeking a suburban lifestyle with access to the amenities of the nearby Brisbane metropolitan area.

Murrumba Downs infrastructure, key developments and investment opportunities

Murrumba Downs continues to benefit from its strong transport access, with the Bruce Highway providing a direct link to Brisbane and the broader northside employment corridor, which supports buyer demand for commuters. The suburb also has a high level of local green space, with parks covering a significant share of the area, adding to its family appeal and livability.

There are no major, clearly identified new local redevelopment or infrastructure projects in the available results that would materially change the property market at this time. Current market interest appears to be supported more by established amenities, access to healthcare and shops, and the suburb’s convenient location than by any single upcoming project. This profile generally favours steady underlying demand from owner-occupiers and families.

Murrumba Downs rental market trends

The rental market in Murrumba Downs has experienced growth, with house rents increasing by 9.6% over the past year to $650 per week. However, there is no data available for unit rents, indicating a potential lack of unit rental properties in the area. Murrumba Downs continues to attract interest due to its suburban appeal and proximity to key amenities.

Suburbs near Murrumba Downs

Some popular suburbs near Murrumba Downs include:

How does Murrumba Downs compare to nearby suburbs?

  • Median house prices: Murrumba Downs’s median house price is 1.5% higher than Griffin’s.
  • Median unit prices: Murrumba Downs’s median unit price is 14.8% lower than Mango Hill’s.
  • House price growth: Over the past 12 months, house prices in Murrumba Downs have grown 0.3% higher than in Petrie.
  • Unit price growth: Over the past 12 months, unit prices in Murrumba Downs have grown 3.0% higher than in Griffin.
  • Selling speed for houses: Properties in nearby Griffin are selling 16.7% faster than in Murrumba Downs.
  • Selling speed for units: Properties in Murrumba Downs are selling 9.1% faster than in Kallangur.
  • House price growth: Over the past 12 months, house prices in Murrumba Downs have grown 16.1% lower than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Murrumba Downs have grown 3.3% lower than the average rate of growth for units across Brisbane.

Common questions about Murrumba Downs

  • Is Murrumba Downs a nice place to live?

    Murrumba Downs is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the Moreton Bay Region, it provides a harmonious blend of suburban tranquility and easy access to urban conveniences. The suburb is known for its welcoming atmosphere, where families can thrive amidst modern housing developments and the natural beauty of the North Pine River. With numerous parks and green spaces, residents enjoy ample opportunities for outdoor recreation and relaxation.

    The suburb's vibe is characterized by a strong sense of community and a balanced lifestyle, appealing to families and professionals alike. Murrumba Downs is well-equipped with essential amenities, including schools, shopping centers, and healthcare facilities, ensuring that residents have everything they need within reach. The excellent connectivity via the Bruce Highway and nearby train stations makes commuting to Brisbane's CBD and other areas convenient, adding to the suburb's appeal for those who work in the city but prefer a quieter home environment.

    Safety is generally not a major concern in Murrumba Downs, contributing to its attractiveness for families. The suburb's peaceful streets and community-oriented culture make it a comfortable place for raising children. While it may not offer the bustling nightlife of inner-city areas, Murrumba Downs compensates with its strong community ties and the tranquility of suburban living. However, potential residents should consider that the suburb's charm lies in its peacefulness and family focus, which might not suit those seeking a more vibrant urban lifestyle.

    Overall, Murrumba Downs is a charming suburb that offers a high quality of life for families and individuals seeking a suburban retreat with convenient access to city amenities. Its combination of natural beauty, community spirit, and practical amenities makes it a nice place to live for those who value a balanced and family-oriented lifestyle.

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  • Is it expensive to live in Murrumba Downs?

    Living in Murrumba Downs can be quite expensive, especially when considering the current property market. The median house price is around $1,020,000, which is on the higher end compared to other suburbs in the area. For those looking to rent, the average weekly rent for houses is approximately $650, which is a significant expense for many households.

    When we compare this to the average household income in Murrumba Downs, which is about $1,827 per week, it becomes clear that a substantial portion of income would need to be allocated towards housing costs. This is particularly noticeable when compared to the average wage across Queensland, where the cost of living might be more manageable in other areas.

    Overall, while Murrumba Downs offers a desirable living environment, the high property prices and rents suggest that living here requires a solid financial footing. If you're thinking of living in Murrumba Downs, it's important to carefully evaluate your budget and financial situation to ensure it aligns with the costs associated with this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Murrumba Downs a good place to invest?

    Murrumba Downs is showing promising signs as a good place to invest, especially if you're looking at the property market in Queensland. Over the past year, the suburb has experienced a significant increase in property values, with median house values rising by 13.5% and unit values surging by an impressive 28.7%. This indicates a strong demand for both houses and units, making it an attractive option for potential investors.

    In terms of rental returns, houses in Murrumba Downs have seen a 9.6% increase in rent over the past year, which is a positive indicator for those looking to generate rental income. Although unit rents have remained stable, the substantial increase in unit values suggests a growing interest in this type of property, possibly due to affordability and lifestyle factors. This could mean that units might catch up in rental growth as demand continues to rise.

    Overall, Murrumba Downs presents a compelling case for investment with its strong capital growth and solid rental performance, particularly for houses. The suburb's appeal is likely driven by its family-friendly environment, accessibility to amenities, and potential for future growth. For young investors, this could be a great opportunity to enter the property market with the potential for both capital appreciation and rental income.

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Choose the right real estate agents in Murrumba Downs

Currently, there are 99 real estate agents working in Murrumba Downs—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 99 agents sold 38.5% of all properties in Murrumba Downs over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Murrumba Downs typically charge a commission of 2% to 3%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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