South Morang Suburb ProfileVictoria 3752
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South Morang has 10,962 properties. Over the last 5 years, Houses in South Morang have seen a 32.52% increase in median value, while Units have seen a 32.07% increase. As at 31 May 2024:
- The median value for Houses in South Morang is $824,541 while the median value for Units is $543,156.
- Houses have a median rent of $530 while Units have a median rent of $475.
The size of South Morang is approximately 21 square kilometres. It has 70 parks covering nearly 37.1% of total area. The population of South Morang in 2011 was 20,873 people. By 2016 the population was 24,043 showing a population growth of 15.2% in the area during that time. The predominant age group in South Morang is 30-39 years. Households in South Morang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Morang work in a professional occupation. In 2011, 79.3% of the homes in South Morang were owner-occupied compared with 76.9% in 2016.
Market Insights
South Morang Trends for Houses
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South Morang Trends for Units
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Neighbourhood Insights
Age
Population 24,043
0-9
16%
10-19
15%
20-29
13%
30-39
17%
40-49
16%
50-59
11%
60-69
7%
70-79
4%
80-89
2%
90-99
1%
Household Structure
Occupancy
Recent Sales in SOUTH MORANG 3752
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Properties for sale in SOUTH MORANG 3752
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0Properties for rent in SOUTH MORANG 3752
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 06/07/2024
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