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Investment Property Mernda, VIC, 3754

Suburb Snapshot

Mernda is a suburb in the Whittlesea Region of Victoria. Mernda has a population of 16,454 people and 24.52% of its occupants live in rental accommodation. The median listing price for houses is $680,000 and this has changed 4.61% over the past year and changed 6.25% over 2 years.

The median rent in Mernda for houses is $550 per week and the median rental yield is 4.20%. Stock on the market for houses/townhouses has changed 3.60% compared to last year and the average time to sell a house/townhouse is 70 days.The median listing price for units is $360,000 and this has changed NA over the past year. The average unit takes 64 days to sell and the median rent for a unit in Mernda is NA per week, producing a rental yield of NA.

Supply & Demand in Mernda, Whittlesea

1.29%

Current vacancy rate


102

Rental stock available


16,454

Population


24.52%

Rental population


1.12%

Current vacancy rate


1,064

Rental stock available


197,494

Population


22.25%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Mernda, Whittlesea

  House Townhouses Units
Median listing price $680,000 $500,000 $360,000
Median price change - last quarter 0.07% 1.53% NA
Median price change - 1 year 4.61% 4.16% NA
Median price change - 2 years 6.25% 4.16% NA
  House Townhouses Units
Median weekly rent $550 $480 NA
Median yield % 4.20% 4.99% NA
Median rent change - 1 year 10.00% 11.62% NA
  House Units
Previous month sales 36 3
Stock on market previous month 144 11
Stock variance vs. last year 3.60% 120.00%
Average days on market 70 64

Mernda investment property listings

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