121 Waverley AvenueMerrigum VIC 3618
Property Details for 121 Waverley Ave, Merrigum
Last Listing description (October 2023)
1/4 acre of prime vacant land ready for your build, with abundant foot traffic and parking available.
It is rare to find town-zoned vacant land in such a prime central position, so this is a must-see.
This is an opportunity for the entrepreneur to fulfill their vision and construct their dream business or project.
With little or no competition, located centrally close to the local primary school, swimming pool, football oval, and other amenities, this could be your only chance to prosper while others wait.
With new land subdivisions in the area currently underway, growth potential is almost guaranteed.
Suggestions from locals canvassed included the need for a cafe, bakery, small grocery store, medical/dental, and fish and chips, however, don't let this limit your imagination.
Get on the phone with Mick on 0437 794 049 and let him know what you would like to do with this 1053 square meters of opportunity.
Property History for 121 Waverley Ave, Merrigum, VIC 3618
- 21 Sep 2023Sold for $150,000
- 16 Feb 2023Listed for Sale $150,000
- 16 May 2016Listed for Sale FROM $394,000
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See more recent sales nearbyAbout Merrigum 3618
The size of Merrigum is approximately 55.9 square kilometres. It has 2 parks covering nearly 0.8% of total area. The population of Merrigum in 2011 was 674 people. By 2016 the population was 673 showing a population decline of 0.1% in the area during that time. The predominant age group in Merrigum is 50-59 years. Households in Merrigum are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Merrigum work in a labourer occupation. In 2011, 79.6% of the homes in Merrigum were owner-occupied compared with 78.9% in 2016.
Merrigum has 422 properties. Over the last 5 years, Houses in Merrigum have seen a 69.01% increase in median value. As at 31 July 2024:
- The median value for Houses in Merrigum is $348,331 while the median value for Units is $398,714.
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