THE WHY
Since the original development of this highly desirable commercial precinct, only one other lot has been resold. This is a rare opportunity not to be missed!
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should do their own due diligence.
The size of Meru is approximately 4.4 square kilometres. The population of Meru in 2011 was 508 people. By 2016 the population was 23 showing a population decline of 95.5% in the area during that time. The predominant age group in Meru is 10-19 years. Households in Meru are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Meru work in a labourer occupation. In 2011, 87.1% of the homes in Meru were owner-occupied compared with 70.6% in 2016..
Meru has 67 properties. Over the last 5 years, Houses in Meru have seen a 93.63% increase in median value. As at 30 November 2024:
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