$178 —
Lower than 83% of urban centre areas.
- 2016: $320
- 2021: $178
Median weekly rent paid by households renting their home.
Murtoa · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly mortgage payment of just $650 makes Murtoa (L) one of the most affordable places to live in the region. Housing costs are far below state and national figures, which helps explain why nearly half of all homes are owned outright.
All urban centre areas, 2021. The marker is Murtoa — lower than 83% of areas.
Rents, mortgages and crowding.
Weekly rent is much lower than most areas at $178, a figure that has fallen by $142 since 2016. Similarly, the typical monthly mortgage payment is far below the Victorian average and has dropped significantly since 2011.
$178 —
Lower than 83% of urban centre areas.
Median weekly rent paid by households renting their home.
$650 ▼ -62.5%
Lower than 95% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Murtoa, Under $200 is the majority at 70%; $200–$349 is next at 30%.
In Murtoa, Under $1,000 is the majority at 74%; $1,000–$1,799 is next at 18%.
How homes are owned or rented.
Home ownership is very high, with 49.6% of homes owned outright—far above the national figure. Meanwhile, the share of households renting has risen 17 points since 2011 to 19.8%, though this remains well below the state average.
19.8% ▲ +554.2%
Lower than 56% of urban centre areas.
Share of occupied private dwellings that are rented.
49.6% ▲ +60.9%
Higher than 81% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Murtoa, the largest group is Owned outright at 48%, followed by Owned with a mortgage (29%) and Rented (19%).
Houses, townhouses, apartments and bedrooms.
Detached houses make up 94.5% of the market, which is far above the Victorian average. While 72.6% of homes have three or more bedrooms, this is a little below the national figure and has fallen 23 points since 2011.
0.70 ▼ -36.4%
Lower than 86% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
94.5% ▼ -5.5%
Higher than 56% of urban centre areas.
Share of occupied private dwellings that are separate houses.
72.6% ▼ -24.3%
Lower than 68% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Murtoa, Separate house is the majority at 96%; Other dwelling is next at 2%.
In Murtoa, 3 bedrooms is the majority at 52%; 2 bedrooms is next at 23%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Murtoa [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL221051/murtoa/topic/housing-dwellings