Mernda, VIC 3754

Mernda, VIC 3754

Compare Part of Whittlesea

27.21 km
Distance from CBD
3 k
Population

Auction Times

Sat 2 Jul
Auction Time Agency
43 Silverwood Drive
3 2 2 House
9:30 AM
Sat 2nd Jul
Harcourts
Sat 9 Jul
Auction Time Agency
32 Jackaroo Street
4 2 2 House
11:00 AM
Sat 9th Jul
Ray White
3 Scuffam Street
4 2 2 House
12:00 PM
Sat 9th Jul
Bombay RE
22 Heddle Parade
4 2 2 House
12:00 PM
Sat 9th Jul
Ray White
10 Allsop Avenue
4 2 2 House
2:00 PM
Sat 9th Jul
Ray White
9 Scuffam Street
4 3 2 House
3:00 PM
Sat 9th Jul
Area Specialist Northern
Median Sale Price
House
$681K
Updated on May 2022
2 BR
$440K
3 BR
$645K
4 BR
$719K
Unit
$450K
Updated on May 2022
1 BR
-
2 BR
$428K
3 BR
$475K
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 $6,550,000 305
2021
$680,000
+16.2% $360,000 $1,690,000 443
2022
$705,000
+3.5% $452,000 $1,460,000 203
Median Sale Price
$699K
Based on 437 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+12.0%
Current Median Price: $699,000
Previous Median Price: $615,000
Based on 831 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$410
Updated on May 2022
2 BR
$350
3 BR
$390
4 BR
$428
Unit
$360
Updated on May 2022
1 BR
$310
2 BR
$320
3 BR
$370
4 BR
$400
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 $575 514
2016
$360
+2.8% $265 $550 554
2017
$380
+5.3% $270 $1,564 485
2018
$390
+2.6% $305 $650 503
2019
$395
+1.3% $185 $1,651 469
2020
$400
+1.3% $235 $650 398
2021
$400
0.0% $300 $670 402
2022
$420
+4.8% $350 $695 192
Median Rent Price
$420
per week
Based on 392 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
+4.8%
Current Median Rent: $420
Previous Median Rent: $400
Based on 775 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $699,000
Current Median rent: $420
Based on 829 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For Mernda

Houses sold in Last 12 months ends 25 Jun 2022

$695K

Median Sale Price

91%

Clearance Rate

333/368

Sold/Reported

$1.39M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 7
$1 M - $1.2 M 18
$800 K - $1 M 54
$600 K - $800 K
(Median Price Range)
194
$400 K - $600 K 53
less than $400 K 2

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