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 blend of suburban tranquility and modern conveniences. Murrumba Downs is bordered by the North Pine River, providing scenic views and recreational opportunities. The area features a mix of contemporary homes and established residences, catering to diverse lifestyles. With convenient access to major transport routes, including the Bruce Highway and Murrumba Downs train station, residents enjoy easy connectivity to Brisbane and the Sunshine Coast. The suburb's parks, schools, and shopping facilities contribute to its appeal as a desirable place to live.
Murrumba Downs property market performance
Murrumba Downs has experienced notable growth in its property market over the past 12 months. House values have increased by 5.9%, with the median house price reaching $945,000. Units have seen a significant surge, with a 27.8% increase in value, bringing the median unit price to $619,000. This indicates a strong demand for units in the area.
Sales activity has been robust, with 30 houses and 10 units sold over the past three months. Properties are moving quickly, with houses spending a median of 14 days on the market and units just 13 days, reflecting high buyer interest and competition.
The rental market in Murrumba Downs has also shown positive trends, with house rents increasing by 4.8% and unit rents by 7.1% over the last 12 months. The average rent for houses is $650, while units average $530, indicating a healthy rental demand in the suburb.
Median price - houses$945KPast 3 months
Median price - units$619KPast 3 months
Change in value - houses5.9%12 months
Change in value - units27.8%12 months
Houses sold30Past 3 months
Units sold10Past 3 months
Median DOM - houses14Past 12 months
Median DOM - units13Past 12 months
Average rent - houses$650Past 12 months
Average rent - units$530Past 12 months
Change in rent - houses4.8%Past 12 months
Change in rent - units7.1%Past 12 months
Murrumba Downs demographics
Murrumba Downs, located in Queensland's Moreton Bay Region, offers a suburban lifestyle with a strong sense of community and family orientation. With a population of 10,795 and a median age of 39, the suburb is home to a mix of families, professionals, and retirees who appreciate its balance of urban convenience and natural surroundings. The suburb's proximity to Brisbane makes it an attractive option for those seeking a quieter lifestyle while still being within commuting distance to the city.
The housing landscape in Murrumba Downs is characterized by a high rate of home ownership, with 28.3% of properties owned outright and 43.6% owned with a mortgage. This reflects a stable community with many long-term residents. The rental market, comprising 28.1% of properties, provides options for those seeking flexibility, including young families and professionals. The suburb's family-friendly environment is evident, with 44.9% of households being couple families with children, and 37.2% being couple families without children.
Murrumba Downs is well-serviced by local amenities, including schools, parks, and shopping centers, making it a convenient and appealing place for families. The median total household income of $1827 per week indicates a comfortable standard of living, supported by employment opportunities in nearby commercial hubs. Overall, Murrumba Downs offers a harmonious blend of suburban tranquility and accessibility, making it a desirable location for a diverse range of residents.
Murrumba Downs infrastructure, key developments and investment opportunities
Murrumba Downs is experiencing steady growth and development, with several projects enhancing its appeal. The recently opened Murrumba State Secondary College has improved local education options, potentially attracting more families to the area. Additionally, the completion of the Redcliffe Peninsula railway line in 2016, with a station in neighboring Kallangur, has significantly improved public transport connectivity to Brisbane.
The ongoing expansion of the nearby North Lakes development continues to bring new amenities and job opportunities within easy reach of Murrumba Downs residents. While no major infrastructure projects are currently underway within Murrumba Downs itself, these nearby developments are likely to have a positive impact on property demand and values in the suburb. The area's proximity to the Bruce Highway also remains a key selling point for commuters.
Murrumba Downs rental market trends
The rental market in Murrumba Downs has experienced moderate growth, with house rents increasing by 4.8% over the past year to $650 per week, while unit rents have risen by 7.1% to $530 per week. This suburb continues to attract renters and investors alike, thanks to its appealing lifestyle and proximity to key amenities.
Suburbs near Murrumba Downs
Some popular suburbs near Murrumba Downs include: