What is the true cost of buying an apartment in Murwillumbah?

The median apartment in Murwillumbah is $500,000. Including stamp duty ($17,030), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $42,836, or $3,570/month.

What does it really cost to buy a house in Murwillumbah?

The median house in Murwillumbah is $800,000. True first-year cost including stamp duty ($30,530), rates, insurance, maintenance, and mortgage repayments is approximately $57,640.

What is the vacancy rate in Murwillumbah?

Murwillumbah currently has a vacancy rate of 1.5%. Properties average 42 days on market.

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True Cost of Buying in Murwillumbah

2484 NSW · 785km to CBD

Stable

A decision, not just a search · Murwillumbah

Does the lower estimated monthly cost make a property the better buy?

Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.

Questions that could change the answer

Which costs are current supplied figures, and which are model defaults?
What happens to your buffer if interest, repairs or vacancy costs rise?
What finance, contract or inspection condition remains unresolved before an offer?

Evidence to obtain—not yet verified here

Current lender terms and approval conditions, not only a borrowing estimate.
Dated levy notices, rates, insurance quotes and maintenance information.
Contract advice, inspection findings and comparable sales evidence.

Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.

Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.

When to revisit: Revisit when any input, approval condition, price or property finding changes.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

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Market Intelligence

Murwillumbah is a vibrant regional town in NSW's Tweed Shire, positioned as the cultural and commercial heart of the Tweed Valley. With approximately 9,000 residents, this picturesque town combines natural beauty with artistic flair, situated at the base of Mount Warning and along the Tweed River. The community attracts a diverse mix of retirees, creative professionals, and tree-change seekers drawn by its proximity to both Gold Coast (30 minutes) and Byron Bay (45 minutes). The town boasts a strong arts scene with galleries, regular markets, and festivals, complemented by excellent natural amenities including World Heritage rainforests and river activities. Property values have grown significantly since 2020, with median house prices now around $800,000, driven by interstate migration and lifestyle appeal. The area offers good educational facilities including Murwillumbah High School, healthcare services via Murwillumbah District Hospital, and a thriving cafe culture emphasizing local produce. While public transport is limited, the town's strategic location on the Pacific Highway provides excellent road connectivity to major centers, making it an attractive option for those seeking a relaxed lifestyle without complete isolation from urban amenities.

Strategic location between Gold Coast and Byron Bay with excellent road connectivityStrong arts and cultural community with galleries, markets, and regular festivalsBeautiful natural setting with Mount Warning, Tweed River, and World Heritage rainforestsGrowing property values driven by interstate migration and lifestyle appealGood local amenities including hospital, schools, and vibrant cafe culture

Market Snapshot

Median House

$800K

+3.2% 1yr

Median Apartment

$500K

+2.8% 1yr

Median Townhouse

$650K

Vacancy Rate

1.5%

42 avg DOM

Yield (Apartment)

5.1%

Yield (House)

4.2%

Auction Clearance

68%

Population

9,500

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$3,570/mo

Purchase Price

$500,000

Stamp Duty

$17,030

1st Year Total

$42,836

House

$4,803/mo

Purchase Price

$800,000

Stamp Duty

$30,530

1st Year Total

$57,640

Townhouse

$4,129/mo

Purchase Price

$650,000

Stamp Duty

$23,780

1st Year Total

$49,544

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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