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Profiles
Nearby Suburbs
Real Estate Market: Is Merricks VIC 3916 a Good Suburb to Buy Into?
Housing Market in Merricks
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $967 | Top 5% |
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| Premium | Premium | Premium |
Housing Supply in Merricks
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
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Merricks
55.5%
Merricks
55.5%
Mornington Peninsula
30.8%
Mornington Peninsula
30.8%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 2,990 | Top 1% |
|
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| 19.1 | Top 10% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 4 lots | Bottom 49% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 0 | Bottom 26% | Data for Apr 2025 |
Housing Stock Quality in Merricks
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.2 | Bottom 26% |
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| 0.1% | Top 23% | Data for Jun 2023 |
Development Restrictions in Merricks
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Merricks
20.5%
Merricks
20.5%
Mornington Peninsula
28.0%
Mornington Peninsula
28.0%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 0.6 sq km | Bottom 4% | Data for Jan 2021 | ||
| 0.3 sq km | Top 24% | Data for Jun 2023 | ||
| 808 sqm per resident | Bottom 40% | Data for Jan 2021 |
Risk in Merricks
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Merricks
39.8
Merricks
39.8
Mornington Peninsula
44.5
Mornington Peninsula
44.5
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 100.0% | Top 11% | Data for May 2023 | ||
| 0.0% | Bottom 11% | Data for May 2023 | ||
| 69 | Top 3% | Data for Jun 2023 | ||
| $5,020 | Top 1% |
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| 73 | Bottom 23% | Data for Jun 2023 | ||
| 77 | Top 46% | Data for Jun 2023 | ||
| 29.3% | Top 17% |
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| 39.5% | Top 47% |
|
Housing Demand in Merricks
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, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Merricks
68.6%
Merricks
68.6%
Mornington Peninsula
79.2%
Mornington Peninsula
79.2%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 6330 | Bottom 21% |
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| 170000 | Top 7% |
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| Premium | Premium | Premium | ||
| 195000 | Top 7% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Merricks
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 117.0% | Top 3% |
|
Median House Rental Prices by Street (1)
| Level_0 | Street | Date | Median rent (per week) |
|---|---|---|---|
| 79714 | Frankston-Flinders Rd | 31 Jan 2025 | $825 |
Turnover Rate by Street (9)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 66.7% | Stanleys Rd | quite tightly held | Every 15.0 years (quite tightly held) | 2025 |
| 100.0% | Merricks Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 50.0% | Springfield Rd | very tightly held | Every 20.0 years (very tightly held) | 2025 |
| 100.0% | Merricks Beach Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 123.1% | Frankston-Flinders Rd | very high turnover | Every 8.1 years (very high turnover) | 2025 |
Percent of Renters by Street (10)
| Percent of Renters | Street |
|---|---|
| 0.0% | Hellicars Rd |
| 12.6% | Frankston-Flinders Rd |
| 0.0% | Point Leo Rd |
| 0.0% | Merricks Beach Rd |
| 0.0% | Merricks Rd |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Mornington Peninsula |
Planning Applications: Dwellings (40)
| Headline | Place | Date |
|---|---|---|
| Use and development of a dwelling and associated private stables, machinery shed and riding arena, and associated works including earthworks and removal of native vegetation in accordance with the endorsed plans - Mornington Peninsula Shire Council P08/2951.16 | 75 Thompsons Lane Merricks VIC 3916 | 20 Dec 2024 |
| The development of a replacement dwelling (double storey) and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P19/2678.03 | 28 Merricks Road Merricks VIC 3916 | 30 Oct 2024 |
| Development of a single dwelling in association with animal husbandry, crop raising, ancillary gate sales and associated works generally in accordance with the submitted plans. - Mornington Peninsula Shire Council P17/2213.05 | 34 Merricks Road Merricks VIC 3916 | 21 Sep 2024 |
| Develop a cottage and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P23/0593.02 | 58 Thompsons Lane Merricks VIC 3916 | 18 Aug 2024 |
| The development of additions and alterations to the existing outbuilding (shed) associated with a dwelling and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P23/1800.01 | 81 Thompsons Lane Merricks VIC 3916 | 02 Mar 2024 |
Planning Applications: Other (21)
| Headline | Place | Date |
|---|---|---|
| The use and development of a dwelling, carport and associated works in accordance with the endorsed - Mornington Peninsula Shire Council P15/2250.07 | 5 Thompsons Lane Merricks VIC 3916 | 24 Jan 2024 |
| The use and development of a dwelling, carport and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P15/2250.06 | 5 Thompsons Lane Merricks VIC 3916 | 26 Oct 2023 |
| Variation of Licence - Victorian Gambling and Casino Control Commission 60226A06 | 3649 Frankston-flinders Rd, Merricks 3916, VIC | 26 Aug 2022 |
| Re-subdivision (consolidation) of four lots (into three lots); removal of an easement; alteration of access to a road in the road zone category 1; removal of vegetation; demolition (relocation) of two heritage buildings; use and development of one of the newly created lots for the purpose of (a) a restaurant, (b) winery and (c) an art gallery and sculpture park; sale and consumption of liquor associated with the restaurant and winery; and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P14/0520.11 | 3649 Frankston-Flinders Road Merricks VIC 3916 | 17 Jul 2022 |
| The development of a dwelling (double storey) & garage, vegetation removal and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P17/0588.01 | 3498 Frankston-Flinders Road Merricks VIC 3916 | 09 May 2022 |
Recently Sold Houses (59)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| Unit 2, 3478 Frankston-flinders Rd | Price Withheld | 4.0 | 2.0 | 4.0 | 29 Jan 2025 | 0 | On Market |
| 9 Merricks Rd | Price Withheld | 3.0 | 2.0 | 2.0 | 25 Sep 2024 | 0 | On Market |
| 9 Merricks Rd | $2,600,000 | 3.0 | 2.0 | 2.0 | 25 Sep 2024 | 0 | On Market |
| 3483 Frankston-flinders Rd | Price Withheld | 4.0 | 1.0 | 2.0 | 07 Nov 2023 | 0 | On Market |
| 1 Merricks Rd | Price Withheld | 3.0 | 1.0 | 16 Aug 2023 | 0 | On Market |
Businesses (3)
| Name | Address |
|---|---|
| A.C. Paul Constructions Pty Ltd | |
| A.C. Paul Constructions Pty Ltd | |
| A.C. Paul Constructions Pty Ltd |
Median House Sale Prices by Street (88)
| Street | Date | Median sale value |
|---|---|---|
| Merricks Rd | 31 May 2024 | 786500.0 |
| Frankston-Flinders Rd | 25 Apr 2024 | $5,675,000 |
| Springfield Rd | 06 Oct 2023 | $7,875,000 |
| Stanleys Rd | 06 Oct 2023 | $11,670,000 |
| Thompsons Ln | 06 Oct 2023 | $13,720,000 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 1 Merricks Rd | $730 | 3 | 1 | 0 | 21 Dec 2023 | 0 |
| 1 Merricks Rd | $730 | 3 | 1 | 0 | 21 Dec 2023 | 0 |
| 1 Merricks Rd | $730 | 3 | 1 | 0 | 21 Dec 2023 | 0 |
| 1 Merricks Rd | $730 | 3 | 1 | 0 | 21 Dec 2023 | 0 |
| 1 Merricks Rd | $730 | 3 | 1 | 0 | 21 Dec 2023 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 3650 Frankston-flinders Rd | Price Withheld | 3.0 | 2.0 | 29 May 2023 | On Market | |
| 3650 Frankston-flinders Rd | Price Withheld | 3.0 | 2.0 | 29 May 2023 | On Market | |
| 3650 Frankston-flinders Rd | Price Withheld | 3.0 | 2.0 | 29 May 2023 | On Market | |
| 3650 Frankston-flinders Rd | Price Withheld | 3.0 | 2.0 | 29 May 2023 | On Market | |
| 3650 Frankston-flinders Rd | Price Withheld | 3.0 | 2.0 | 29 May 2023 | On Market |
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