Murchison sits on the Goulburn River south of Shepparton. It is a small market. Eighteen houses sold there in the year to August 2026. Buyers are usually locals, people who want a quieter town, and buyers looking for acreage within driving distance of Shepparton.
The median house price is $440,000 and medians rose 3.5% over the year to August 2026. Houses take a median of 79 days to sell. Median house rent is $430 a week, with a published gross yield of 5.0%.
In a market this size the suburb median is a starting point, not an answer. Land size, sheds, water and the condition of the house decide the price. The team has 55 Hutchinson Road, Murchison East on the market at $860,000 to $900,000 on five acres, which sits well above the township median for exactly that reason.
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