121 Elbow Road

Merlwood QLD 4605

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:

• The median value for Houses in Merlwood is $473,166 while the median value for Units is $294,905.