11/27 Pipers Lane

Mernda VIC 3754

The size of Mernda is approximately 22.5 square kilometres. It has 104 parks covering nearly 9.4% of total area. The population of Mernda in 2011 was 6,507 people. By 2016 the population was 16,469 showing a population growth of 153.1% in the area during that time. The predominant age group in Mernda is 30-39 years. Households in Mernda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mernda work in a professional occupation. In 2011, 79.8% of the homes in Mernda were owner-occupied compared with 69.9% in 2016.

Mernda has 10,617 properties. Over the last 5 years, Houses in Mernda have seen a 28.52% increase in median value, while Units have seen a 32.77% increase. As at 30 September 2024:

• The median value for Houses in Mernda is $729,034 while the median value for Units is $524,492.
• Houses have a median rent of $540 while Units have a median rent of $450.