Merrimu Suburb ProfileVictoria 3340
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Merrimu has 185 properties. Over the last 5 years, Houses in Merrimu have seen a 41.99% increase in median value. As at 31 May 2024:
- The median value for Houses in Merrimu is $796,203 while the median value for Units is $513,974.
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..
Market Insights
Merrimu Trends for Houses
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Merrimu Trends for Units
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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
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Properties for sale in MERRIMU 3340
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 06/07/2024
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