Merbein Suburb Profile
Victoria 3505

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Merbein has 1,584 properties. Over the last 5 years, Houses in Merbein have seen a 70.94% increase in median value, while Units have seen a 47.28% increase. As at 31 October 2024:

  • The median value for Houses in Merbein is $330,388 while the median value for Units is $273,545.
  • Houses have a median rent of $350 while Units have a median rent of $195.
There are currently 21 properties listed for sale, and 3 properties listed for rent in Merbein on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Merbein.

The size of Merbein is approximately 34.5 square kilometres. It has 7 parks covering nearly 7.1% of total area. The population of Merbein in 2011 was 2,671 people. By 2016 the population was 2,699 showing a population growth of 1.0% in the area during that time. The predominant age group in Merbein is 50-59 years. Households in Merbein are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merbein work in a trades occupation. In 2011, 73.2% of the homes in Merbein were owner-occupied compared with 71.5% in 2016.

Suburb Insights for MERBEIN 3505

Market Insights
Merbein Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Merbein Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 2,699

0-9

 

12%

10-19

 

12%

20-29

 

11%

30-39

 

9%

40-49

 

12%

50-59

 

15%

60-69

 

13%

70-79

 

9%

80-89

 

6%

90-99

 

2%

Household Structure
Occupancy

Last Updated: 21/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.