South Morang Suburb Profile
Victoria 3752

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South Morang has 10,996 properties. Over the last 5 years, Houses in South Morang have seen a 20.35% increase in median value, while Units have seen a 27.04% increase. As at 30 November 2024:

  • The median value for Houses in South Morang is $805,836 while the median value for Units is $523,806.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 47 properties listed for sale, and 25 properties listed for rent in South morang on OnTheHouse. According to CoreLogic's data, 433 properties were sold in the past 12 months in South morang.

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.

Suburb Insights for SOUTH MORANG 3752

Market Insights
South Morang Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Morang Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
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

Last Updated: 19/12/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.