Mernda, VIC 3754

Mernda, VIC 3754

Compare Part of Whittlesea

27.21 km
Distance from CBD
3 k
Population

Auction Times

Sat 29 Jun
Auction Time Agency
142 Everard Road
4 2 2 House
11:00 AM
Sat 29th Jun
E J Love Real Estate
82 Everton Drive
4 2 2 House
12:00 PM
Sat 29th Jun
Ray White
122 Langdon Drive
3 2 2 House
12:30 PM
Sat 29th Jun
Ray White
17 Pisa Way
3 2 1 House
1:00 PM
Sat 29th Jun
Capital & Co. Real Estate
4 Kruger Street
4 2 2 House
2:00 PM
Sat 29th Jun
Ray White
Sat 6 Jul
Auction Time Agency
8 Giddens Road
4 2 2 House
2:00 PM
Sat 6th Jul
Ray White
Median Sale Price
House
-
Updated on Apr 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Apr 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$349,000
0.0% $170,000 $1,630,000 99
2010
$390,000
+10.5% $110,000 $1,550,000 345
2011
$405,000
+3.7% $180,000 $990,000 155
2012
$385,000
-5.2% $245,000 $705,000 130
2013
$379,900
-1.3% $180,000 $802,000 202
2014
$390,000
+2.6% $226,000 $760,000 199
2015
$415,000
+6.0% $179,000 $665,000 244
2016
$443,500
+6.4% $185,000 $951,000 322
2017
$547,000
+18.9% $311,500 $970,000 360
2018
$585,000
+6.5% $392,500 $1,900,000 310
2019
$553,000
-5.8% $275,000 $1,352,500 320
2020
$570,000
+3.0% $348,000 $6,550,000 306
2021
$680,000
+16.2% $360,000 $1,690,000 444
2022
$690,000
+1.4% $290,000 $1,460,000 405
2023
$681,000
-1.3% $365,000 $1,430,000 329
2024
$705,000
+3.4% $460,000 $1,212,500 177
Median Sale Price
$700K
Based on 367 recorded sales within the last 12 months
Updated on 25 Jun 2024
Suburb Growth
+5.4%
Current Median Price: $700,000
Previous Median Price: $662,500
Based on 697 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2024)
Price Range Segments (12 months ending May 2024)
Median Weekly Rent Price
House
-
Updated on Apr 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Apr 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$370
0.0% $290 $2,100 152
2012
$350
-5.7% $240 $1,647 373
2013
$345
-1.4% $150 $600 369
2014
$350
+1.4% $250 $2,000 273
2015
$350
0.0% $250 $610 514
2016
$360
+2.8% $265 $550 554
2017
$380
+5.3% $270 $1,564 485
2018
$390
+2.6% $305 $650 503
2019
$400
+2.5% $185 $1,651 470
2020
$400
0.0% $235 $650 399
2021
$410
+2.4% $300 $2,912 406
2022
$440
+6.8% $320 $2,086 446
2023
$490
+10.2% $350 $2,260 360
2024
$540
+9.3% $370 $1,100 161
Median Rent Price
$530
per week
Based on 353 recorded rent within the last 12 months
Updated on 25 Jun 2024
Rent Price Growth
+15.1%
Current Median Rent: $530
Previous Median Rent: $450
Based on 751 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $700,000
Current Median rent: $530
Based on 720 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2024)

Auction Results For Mernda

Houses sold in Last 12 months ends 22 Jun 2024

$700K

Median Sale Price

76%

Clearance Rate

97/128

Sold/Reported

$1.31M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 2
$1 M - $1.2 M 9
$800 K - $1 M 13
$600 K - $800 K
(Median Price Range)
60
$400 K - $600 K 9

Schools closest to Mernda, VIC 3754

School name Address Type Sector Distance
St Joseph's Catholic Primary School 44 MERNDA VILLAGE DRIVEMernda 3754 Primary Catholic 0.6 km
Mernda Primary School 25 EVERTON DRIVEMernda 3754 Primary Government 0.75 km
Hazel Glen College Doreen 3754 Combined Government 1.97 km