The size of Merlwood is approximately 23.2 square kilometres. The population of Merlwood in 2011 was 245 people. By 2016 the population was 67 showing a population decline of 72.7% in the area during that time. The predominant age group in Merlwood is 70-79 years. Households in Merlwood are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Merlwood work in a managers occupation. In 2011, 78.4% of the homes in Merlwood were owner-occupied compared with 70.9% in 2016..
Merlwood has 42 properties. Over the last 5 years, Houses in Merlwood have seen a 128.07% increase in median value. As at 31 October 2024:
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