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
|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.