	{"id":44758,"date":"2020-11-12T01:00:25","date_gmt":"2020-11-11T15:00:25","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/?p=44758"},"modified":"2020-11-10T13:36:16","modified_gmt":"2020-11-10T03:36:16","slug":"town-by-town-snapshot-marshall-3","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/town-by-town-snapshot-marshall-3\/","title":{"rendered":"Town by town snapshot: Marshall"},"content":{"rendered":"<p>The size of Marshall is approximately 2.3 square kilometres with the population of Marshall being 1,798 people in 2011 and by the 2016 Census the population was 1,899 showing a population growth of 5.6% in the area during that time.<\/p>\n<p>Marshall, previously called Marshalltown, is an industrial and residential suburb 5 kilometres south of Geelong neighbouring Breakwater and was included in that area before gaining a separate name.<\/p>\n<p>The Breakwater area was used for tanneries, fellmongeries and animal by-product industries. Many of them were located there to take advantage of the saltwater Barwon River, south of the artificial breakwater that was built in 1837.<\/p>\n<p>By the mid-1850s Thomas Marshall, a Geelong wool merchant, established a wool scouring works near the breakwater, and the place was named after him.<\/p>\n<p>In the 1850s Marshall and areas to its south were covered with wattle, a source of wattle bark for tanneries.<\/p>\n<p>In 1877 the railway line from Colac to Geelong was opened, and in 1879 there was a line to Geelong racecourse until 1906 when racing moved to north of the river at Breakwater.<\/p>\n<p>By the early 1900s Marshall had a small industrial township with a school, hotel, post office and an Anglican church.<\/p>\n<p>In 2012 residential development in Marshall was signalled by the Armstrong Creek development plan.<\/p>\n<p>CoreLogic data indicates that the predominant age group in Marshall is 30-39 years with<\/p>\n<p>households in Marshall being primarily childless couples and are likely to be repaying $1,400 &#8211; $1,799 per month on mortgage repayments, and in general, people in Marshall work in a professional occupation.<\/p>\n<p>In 2011, 72.5% of the homes in Marshall were owner-occupied compared with 61.6% in 2016.<\/p>\n<p><strong>TIDBIT: <\/strong>The Marshall Railway Station was closed in 1964 and re-opened in 2005<\/p>\n<p><strong>SNAPSHOT<\/strong><\/p>\n<p>Population: 1,899<\/p>\n<p>Male: 45%<\/p>\n<p>Female: 55%<\/p>\n<p>Median age: 47<\/p>\n<p>5 year population change: 5.6%<\/p>\n<p>Median house price: $486,500<\/p>\n<p>Change in Median Price: (5yrs) is 28%<\/p>\n<p>Median asking rent per week: $402<\/p>\n<p>Average length of ownership: 9 years<\/p>\n<p>Owner occupiers: 74%<\/p>\n<p>Renters: 26%<\/p>\n<p><strong>Historic median house price:<\/strong><\/p>\n<p>July 2020: $486,500<\/p>\n<p>July 2019: $487,500<\/p>\n<p>July 2018: $455,000<\/p>\n<p>July 2017: $412,750<\/p>\n<p>July 2016: $380,000<\/p>\n<p><strong>House sales per annum:<\/strong><\/p>\n<p>Period ending July 2020: 42<\/p>\n<p>Period ending July 2019: 24<\/p>\n<p><strong>Land median sale price:<\/strong><\/p>\n<p>July 2020: N\/A<\/p>\n<p>July 2019: N\/A<\/p>\n<p><strong>Land sales per annum:<\/strong><\/p>\n<p>Period ending July 2020: 1<\/p>\n<p>Period ending July 2019: 0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The size of Marshall is approximately 2.3 square kilometres with the population of Marshall being 1,798 people in 2011 and by the 2016 Census the population was 1,899 showing a population growth of 5.6% in the area during that time. Marshall, previously called Marshalltown, is an industrial and residential suburb 5 kilometres south of Geelong [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/town-by-town-snapshot-marshall-3\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":149,"featured_media":44760,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[29],"tags":[],"post_folder":[],"class_list":["post-44758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Town by town snapshot: Marshall - Surf Coast Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/town-by-town-snapshot-marshall-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Town by town snapshot: Marshall - Surf Coast Times\" \/>\n<meta property=\"og:description\" content=\"The size of Marshall is approximately 2.3 square kilometres with the population of Marshall being 1,798 people in 2011 and by the 2016 Census the population was 1,899 showing a population growth of 5.6% in the area during that time. 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