Real Estate Mernda Vic 3754

Real Estate Market: Is Mernda VIC 3754 a Good Suburb to Buy Into?

Housing Market in Mernda

Key Mernda Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$556	Bottom 43%	102% to Dec 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Mernda

Mernda Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Development applications	4.41	Top 22%	76% to Jun 2025
Developments	0.2	Bottom 24%	Data for Jul 2023
Housing Stock Quality Indicator	45.1	Top 16%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	2 lots	Bottom 13%	Data for Feb 2022
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	45	Top 1%	1025% to Dec 2025

Housing Stock Quality in Mernda

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
Houses	89.4%	Bottom 20%	5% to Jan 2021
Average bedrooms - all homes	3.0	Top 12%	39% to Jan 2021
NBN connection: fibreoptic cable to node	22.5%	Top 12%	Data for Jun 2023

Development Restrictions in Mernda

Mernda Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Field	Value	VS Melbourne	Trend
Total area	32.0 sq km	Top 28%	Data for Jan 2021
Heritage overlay total area	0.6 sq km	Top 16%	Data for Jun 2023
Residential density	1080 sqm per resident	Bottom 45%	Data for Jan 2021

Risk in Mernda

Mernda Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
% Owner Occupied	76.0%	Bottom 11%	0% to May 2023
% Rentals	24.0%	Top 11%	2% to May 2023
Housing Affordability Index	34	Top 46%	Data for Jun 2023
Median monthly mortgage	$2,310	Top 30%	25% to May 2023
Rent Affordability Index (Houses)	83	Top 22%	Data for Jun 2023
Rent Affordability Index (Units)	77	Top 45%	Data for Jun 2023
Mortgage as a percent of income	22.1%	Bottom 49%	15% to Jan 2021
Mortgaged Dwellings	64.1%	Top 5%	15% to May 2023

Housing Demand in Mernda

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Field	Value	VS Melbourne	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	13600	Top 44%	12% to Dec 2036
Historical Population (SA3)	271000	Top 1%	116% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	350000	Top 1%	199% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Mernda

Mernda Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$416	Bottom 41%	27% to Dec 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	57.1%	Bottom 33%	37% to Dec 2025

Median Unit Sale Prices by Street (12)

Date	Median sale value	Street
06 Dec 2025	$343,900	Argyle Dr
06 Dec 2025	$735,400	Black Braes Bvd
06 Dec 2025	$837,800	Dane Dr
06 Dec 2025	$558,700	Galloway Dr
06 Dec 2025	$517,900	Greig Dr

Median House Rental Prices by Street (100)

Street	Date	Median rent (per week)
Ducal Pwy	06 Dec 2025	$606
Etherington Dr	06 Dec 2025	$535
Eternity St	06 Dec 2025	$647
Everard Rd	06 Dec 2025	$535
Everton Dr	06 Dec 2025	$578

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
83.3%	Breadalbane Ave	average turnover	Every 12.0 years (average turnover)	2025
80.8%	Blaimore Way	average turnover	Every 12.4 years (average turnover)	2025
110.0%	Kerrabee Dr	very high turnover	Every 9.1 years (very high turnover)	2025
147.2%	Mortar Rdge	very high turnover	Every 6.8 years (very high turnover)	2025
71.4%	Callaway Cr	average turnover	Every 14.0 years (average turnover)	2025

Median House Sale Prices by Street (94)

Street	Date	Median sale value
Allsop Ave	06 Dec 2025	$647,600
Apricot Ave	06 Dec 2025	$821,100
Argyle Dr	06 Dec 2025	$380,700
Asplin Cct	06 Dec 2025	$786,900
Bagshot Cct	06 Dec 2025	$643,000

Accommodation Options (2)

Realtors (2)

Headline	Place	Datetime
Building / Apartment Measurer	14 Brunton Dr
Henley Display Centre	Gallagher Way

LGA Details (1)

Headline	Place	Datetime
Local government area	Whittlesea

Percent of Renters by Street (100)

Percent of Renters	Street
14.0%	Aleman Green
0.0%	Aleman None
5.0%	Alessia Gr
60.6%	Allsop Ave
27.6%	Ambridge St

Planning Applications: Other (47)

Headline	Place	Date
Permit and Certification Application to remove carriageway easement as discussed with Carolyn Leatham at Council - Streamlined Planning through Electronic Applications and Referrals S247955T	8 Brewster Way, Mernda VIC 3754	01 May 2025
To remove the easement labelled e-3 on lot 43 ps906351u - Streamlined Planning through Electronic Applications and Referrals S242698M	112 Mortar Ridge, Mernda VIC 3754	17 Jan 2025
To remove the easement of way E-3 and E-4 from lot 33 on PS906351U. - Streamlined Planning through Electronic Applications and Referrals S241592J	9 Trooper Street, Mernda VIC 3754	24 Dec 2024
Consolidation of Council-owned properties and removal of reserve status from Reserve No.1 on PS909508V. - Streamlined Planning through Electronic Applications and Referrals S231627P	15 Everton Drive, Mernda VIC 3754	15 Jun 2024
Creation of easement generally in accordance with the accompanying plan - Streamlined Planning through Electronic Applications and Referrals S223922B	1 Redwater Drive, Mernda VIC 3754	09 Jan 2024

Planning Applications: Dwellings (13)

Headline	Place	Date
Dwelling Retaining wall Garage Porch Alfresco - City of Whittlesea 1280/2023	6 Partytree Way Mernda VIC 3754	11 Oct 2023
Dwelling Retaining wall Garage Alfresco Porch - City of Whittlesea 791/2023	4 Southerly Drive Mernda VIC 3754	02 Aug 2023
Dwelling Alfresco Balcony Porch Garage Retaining wall - City of Whittlesea 597/2023	11 Onslow Way Mernda VIC 3754	31 May 2023
Dwelling Retaining wall Garage Alfresco Porch - City of Whittlesea 412/2023	4 Dane Drive Mernda VIC 3754	29 Mar 2023
Development of a dwelling on land affected by bushfire management overlay - Hume City Council P25126	9 Mervyn Dr Greenvale VIC 3059	03 Mar 2023

Businesses (53)

Name	Address
A1A Homes	170 Schotters Rd, Mernda VIC 3754, Australia
Shane Wilkins Painter	87 Riverdale Blvd, Mernda VIC 3754, Australia
Bastow Electrical	53 Brinkhill Dr, Mernda VIC 3754, Australia
Moving Views Property Developments	McCubbin Way, Mernda VIC 3754, Australia
Allgrind - Epoxy Flooring, Concrete Polishing & Grinding Melbourne	5 Autumn Grove, Mernda VIC 3754, Australia

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
9 Harrison St	$941,735	4.0	2.0	2.0	05 Dec 2025	On Market
9 Florence Dr	$770,000	3.0	2.0	2.0	04 Dec 2025	On Market
3 Ramicorn Way	$800,000	4.0	2.0	2.0	04 Dec 2025	On Market
12 Marlowe Grange	$705,000	3.0	2.0	1.0	03 Dec 2025	On Market
18 Millstream Way	$725,000	3.0	2.0	2.0	02 Dec 2025	On Market

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
36 Stourhead Ave	$580	4	2	2	05 Dec 2025
18 Galloway Dr	$650	4	2	2	04 Dec 2025
18 Galloway Dr	$650	4	2	2	04 Dec 2025
116 Sackville St	$550	5	2	2	03 Dec 2025
116 Sackville St	$550	5	2	2	03 Dec 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 203, 42 Rowell Dr	$360,000	2.0	1.0	1.0	05 Dec 2025	On Market
Unit 1, 9 Kincaid Dr	$570,000	3.0	2.0	2.0	05 Dec 2025	On Market
35 Chanticleer Dr	$431,000	2.0	1.0	1.0	03 Dec 2025	On Market
35 Chanticleer Dr	Price Withheld	2.0	1.0	1.0	03 Dec 2025	On Market
35 Chanticleer Dr	$431,000	2.0	1.0	1.0	03 Dec 2025	On Market

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 101, 62 Mernda Village Dr	$420	2.0	1.0	1.0	14 Oct 2025
Unit 101, 62 Mernda Village Dr	$420	2.0	1.0	1.0	14 Oct 2025
Unit 101, 62 Mernda Village Dr	$420	2.0	1.0	1.0	14 Oct 2025
Unit 101, 62 Mernda Village Dr	$420	2.0	1.0	1.0	14 Oct 2025
Unit 101, 62 Mernda Village Dr	$420	2.0	1.0	1.0	14 Oct 2025

Expand ↗️

Loading Choropleth Data

Min Max

Subscribe to see the timeline. See samples:

Headline	Place	Datetime
Bridge Inn Hotel	1425 Plenty Rd