Nerrena Suburb Profile

Victoria 3953

Nerrena has 162 properties. Over the last 5 years, Houses in Nerrena have seen a 96.71% increase in median value, while Units have seen a 420.68% increase. As at 31 October 2024:

• The median value for Houses in Nerrena is $1,186,684 while the median value for Units is $542,960.

The size of Nerrena is approximately 47.9 square kilometres. It has 3 parks. The population of Nerrena in 2011 was 532 people. By 2016 the population was 251 showing a population decline of 52.8% in the area during that time. The predominant age group in Nerrena is 60-69 years. Households in Nerrena are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nerrena work in a managers occupation. In 2011, 78.8% of the homes in Nerrena were owner-occupied compared with 75.6% in 2016..