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.
Contact Us: Sales 0402 468 248 - Property Management 0411 113 881