Murringo vs Young
Young (median $495,000) is roughly 28% cheaper to buy into than Murringo ($690,000).
Buying in Murringo or Young?
Selling in Murringo? The free selling guide
Murringo and Young side by side
| Measure | Murringo | Young |
|---|---|---|
| Price and market | ||
| Median house | $690,000 | $495,000 |
| Median unit | $205,920 | $340,000 |
| House price change, 12 months | – | +6.0% |
| Renting | ||
| House rent | $500/wk | $480/wk |
| Unit rent | – | $363/wk |
| Owner occupied | 76.0% | 66.0% |
| Renter occupied | 14.0% | 29.0% |
| Schools | ||
| Schools nearby | 4 | 6 |
| Average ICSEA | 939 | 961 |
| Lifestyle and people | ||
| Walk score | 2 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 0 |
| Population | 390 | 10,610 |
| Median age | 47 | 41 |
| Climate | ||
| Annual rainfall | 616 mm | 646 mm |
| Mean max, January | 31.8°C | 31.6°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Murringo scores higher on walkability (2/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Young (961) sits above Murringo (939). Murringo skews owner-occupied (76%), Young runs more rental-dense (66% owner).
- For buyers
- Young is the lower entry point at $495,000 median, 28% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Young offers the higher gross rental yield (5.04% vs 3.77%), favouring cash-flow investors.
- For families
- Young edges out on average school ICSEA (961 vs 939).
Murringo vs Young: common questions
Is Murringo or Young cheaper to buy in?
Young has the lower median house price at $495,000, roughly 28% below Murringo ($690,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Murringo or Young have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Young scores 961 vs 939 in Murringo. 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 is more walkable, Murringo or Young?
Murringo scores 2/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Murringo or Young?
Gross rental yield on houses is 5.04% in Young vs 3.77% in Murringo. 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.
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