Side by sideSuburb comparison

Murrays Beach vs Nords Wharf.

Comparing two suburbs with median house prices of $1,194,750 and $1,010,000. Nords Wharf edges out on more headline metrics in this comparison.

Nords Wharf (median $1,010,000) is roughly 18% cheaper to buy into than Murrays Beach ($1,194,750). Over the past year, Nords Wharf (+13.5%) ran 9.6 percentage points ahead of Murrays Beach (+3.9%) on house-price growth.

On school quality, the average ICSEA across schools serving Murrays Beach (988) sits above Nords Wharf (976). Murrays Beach skews owner-occupied (94%), Nords Wharf runs more rental-dense (83% owner).

The takeWhich suburb suits which buyer

For buyers

Nords Wharf is the lower entry point at $1,010,000 median, 18% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Nords Wharf carries both higher gross yield (3.86% vs 3.26%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Murrays Beach edges out on average school ICSEA (988 vs 976). Murrays Beach also has a higher family-household share (92% vs 77%), so the catchment community skews family-heavy.

Common questionsMurrays Beach vs Nords Wharf

Common questions

Is Murrays Beach or Nords Wharf cheaper to buy in?

Nords Wharf has the lower median house price at $1,010,000, roughly 18% below Murrays Beach ($1,194,750). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Murrays Beach or Nords Wharf?

Over the past 12 months, Nords Wharf grew +13.5% vs +3.9% in Murrays Beach, a gap of 9.6 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Murrays Beach or Nords Wharf have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Murrays Beach scores 988 vs 976 in Nords Wharf. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Murrays Beach or Nords Wharf?

Gross rental yield on houses is 3.86% in Nords Wharf vs 3.26% in Murrays Beach. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Murrays Beach
Metric
Nords Wharf

Price & Market

$1,194,750
Median house
$1,010,000
$316,800
Median unit
$316,800
+3.9%
Annual growth (house)
+13.5%
Days on market

Rental

$750/wk
Rent (house / wk)
$750/wk
$550/wk
Rent (unit / wk)
$550/wk
94.0%
Owner occupied
83.0%
9.0%
Renter occupied
16.0%

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
90
Bike score
0
882
Population
895
44
Median age
44

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
18
988
Avg ICSEA
976

Climate

1143 mm
Annual rainfall
1143 mm
24.7°C
Mean max (Jan)
24.7°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).