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You are here: Home / Mernda

Mernda

Mernda House: Median price $400,000, Annual capital growth 4.58%, Number of sales 300, Weekly median advertised rent $340.

Mernda Unit: Median price $295,000, Annual capital growth 1.00%, Number of sales 15, Weekly median advertised rent $295.

With a capital gain of 9.29% for the last 12 months, Mernda, 3754 has performed for property investments than its average annual 4.58% property growth over the last 5 years.read more

If we look at median property appreciation over just the last three months, Mernda has given property investors a paper return of 2.95%. This puts Suburb as 242 on a list of fastest fasting appreciating suburbs in VIC

Vendor discounting in Mernda is giving property investors an average Vendor Discount of around -4.74%. This puts suburb at number 429th in VIC when ranking the most discounted suburbs.

Mernda is 245th on a list of best yielding suburbs for rents in VIC with a 4.42% return

Variable House Unit
Median Price $433,000 $341,000
Quarterly Growth 1.88% 1.79%
12-Monthly Growth 3.10% 4.60%
Average Annual Growth 3.31% 2.60%
Weekly Median Advertised Rent $360 $320
Number of Sales 361 45
Gross Rental Yield 4.32% 4.88%
Days on market 61.72 88.68

Source: Property Value by CoreLogic.

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mmTony Barton
Officer in Effective Control

Find investment properties to satisfy your needs

Buying an investment property continues to be one of the the favourite ways for most Australians to invest. We invest in property to increase our wealth and to secure our financial futures because we have seen the steady growth of the value of property over time.
But don't think that all properties always deliver positive returns! While it's true most of the time it certainly isn’t an instant road to riches.
We do the research and only offer properties that satisfy our strict rules - developed after years of property investment experience - to ensure positive returns.

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Suite 18,
343 Beaconsfield Parade,
ST KILDA WEST, VIC 3182

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