Merrimu Suburb Profile
Victoria 3340

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Merrimu has 185 properties. Over the last 5 years, Houses in Merrimu have seen a 16.54% increase in median value. As at 30 November 2024:

  • The median value for Houses in Merrimu is $725,746 while the median value for Units is $499,998.
There are currently 3 properties listed for sale, and no properties listed for rent in Merrimu on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Merrimu.

The size of Merrimu is approximately 18.7 square kilometres. It has 6 parks covering nearly 0.6% of total area. The population of Merrimu in 2011 was 271 people. By 2016 the population was 363 showing a population growth of 33.9% in the area during that time. The predominant age group in Merrimu is 0-9 years. Households in Merrimu are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Merrimu work in a trades occupation. In 2011, 90.5% of the homes in Merrimu were owner-occupied compared with 84.2% in 2016..

Suburb Insights for MERRIMU 3340

Market Insights
Merrimu 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
Merrimu 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 363

0-9

 

21%

10-19

 

13%

20-29

 

8%

30-39

 

13%

40-49

 

15%

50-59

 

12%

60-69

 

8%

70-79

 

5%

80-89

 

3%

Household Structure
Occupancy

Recent Sales in MERRIMU 3340

Properties for sale in MERRIMU 3340

CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Last Updated: 22/12/2024

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.

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