Located in New South Wales within the Upper Hunter Shire local government area, Murrurundi is a small locality (postcode 2338). The area has roughly 945 residents and an older-leaning population, with a median age of 54. Households earn a median income of $46K per year, with an average household size of 2 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, labourers, community & personal service. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are English, Australian, Scottish.
Median house prices in Murrurundi stand at $470,000, having risen by 5% over the last twelve months. The current median weekly rent is $480. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,083.
Murrurundi is served by 1 school, including 1 primary. The average ICSEA score is 893, which is well below the national average of 1,000. Public transport access includes 2 rail stations, 14 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Upper Hunter Shire LGA is below average at 3,436 incidents per 100,000 population.
From an investment perspective, Murrurundi shows a gross rental yield of approximately 5.3%, rated as high yield. Property prices sit below the state median ($470K/$1.5M), which can point to relative value. The price-to-income ratio of 10.3x is considered stretched. House prices have moved +5.0% year-on-year.