Merrimu Suburb Profile

Victoria 3340

Merrimu has 185 properties. Over the last 5 years, Houses in Merrimu have seen a 23.39% increase in median value. As at 31 October 2024:

• The median value for Houses in Merrimu is $753,017 while the median value for Units is $506,669.

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..