Merrigum Suburb Profile
Victoria 3618

Get email alerts for this suburb

Track this suburb to receive monthly email updates on median suburb statistics, properties sold and for sale and median property values.

Merrigum has 421 properties. Over the last 5 years, Houses in Merrigum have seen a 54.22% increase in median value. As at 30 June 2024:

  • The median value for Houses in Merrigum is $325,057 while the median value for Units is $397,004.
There are currently 3 properties listed for sale, and no properties listed for rent in Merrigum on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Merrigum.

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.

Suburb Insights for MERRIGUM 3618

Market Insights
Merrigum Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


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

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 673

0-9

 

11%

10-19

 

12%

20-29

 

11%

30-39

 

9%

40-49

 

15%

50-59

 

18%

60-69

 

15%

70-79

 

6%

80-89

 

2%

Household Structure
Occupancy

Last Updated: 27/07/2024

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.