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Profiles
Nearby Suburbs
Real Estate Market: Is Merricks Beach VIC 3926 a Good Suburb to Buy Into?
Housing Market in Merricks Beach
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
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| $766 | Top 16% |
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Housing Supply in Merricks Beach
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 Beach
40.8%
Merricks Beach
40.8%
Mornington Peninsula
30.8%
Mornington Peninsula
30.8%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 1,970 | Top 2% |
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| 7.5 | Top 21% | Data for Jul 2023 | ||
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| 1 | Top 44% |
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Housing Stock Quality in Merricks Beach
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 | ||
| 2.0 | Bottom 15% |
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| 89.3% | Top 3% | Data for Jun 2023 |
Development Restrictions in Merricks Beach
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 Beach
19.6%
Merricks Beach
19.6%
Mornington Peninsula
28.0%
Mornington Peninsula
28.0%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 0.6 sq km | Bottom 4% | Data for Jan 2021 | ||
| 0.0 sq km | Bottom 18% | Data for Jun 2023 | ||
| 4000 sqm per resident | Top 29% | Data for Jan 2021 |
Risk in Merricks Beach
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 Beach
39.8
Merricks Beach
39.8
Mornington Peninsula
44.5
Mornington Peninsula
44.5
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 89.2% | Bottom 39% | Data for May 2023 | ||
| 10.8% | Top 39% | Data for May 2023 | ||
| 60 | Top 6% | Data for Jun 2023 | ||
| $2,790 | Top 14% |
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| 77 | Bottom 42% | Data for Jun 2023 | ||
| 76 | Bottom 48% | Data for Jun 2023 | ||
| 26.7% | Top 27% |
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| 17.0% | Bottom 5% |
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Housing Demand in Merricks Beach
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 Beach
69.9%
Merricks Beach
69.9%
Mornington Peninsula
79.2%
Mornington Peninsula
79.2%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
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| 26700 | Top 6% |
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| 170000 | Top 7% |
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| 195000 | Top 7% |
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Unit Market in Merricks Beach
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
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| $560 | Top 21% |
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| 126.0% | Top 5% |
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LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Mornington Peninsula |
Percent of Renters by Street (11)
| Percent of Renters | Street |
|---|---|
| 1.6% | Bayview Rd |
| 43.5% | Bluff Rd |
| 40.5% | Cliff Rd |
| 5.1% | Foam St |
| 0.0% | Kingswood Ct |
Turnover Rate by Street (11)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 43.5% | Merricks Beach Rd | very tightly held | Every 23.0 years (very tightly held) | 2025 |
| 75.0% | Foam St | average turnover | Every 13.3 years (average turnover) | 2025 |
| 62.5% | Cliff Rd | quite tightly held | Every 16.0 years (quite tightly held) | 2025 |
| 50.0% | Wave St | very tightly held | Every 20.0 years (very tightly held) | 2025 |
| 38.9% | Palmers Hill Rd | very tightly held | Every 25.7 years (very tightly held) | 2025 |
Planning Applications: Dwellings (28)
| Headline | Place | Date |
|---|---|---|
| Develop a dwelling (double storey), vegetation removal and associated works generally in accordance with the endorsed plans - Mornington Peninsula Shire Council P23/1720.01 | 42 Palmers Hill Road Merricks Beach VIC 3926 | 04 Jan 2025 |
| The development of a single dwelling and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P22/2970.02 | 8 Cliff Road Merricks Beach VIC 3926 | 16 Feb 2024 |
| The development of a single dwelling and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P22/2970.01 | 8 Cliff Road Merricks Beach VIC 3926 | 11 Nov 2023 |
| Demolition of existing dwelling and construction of a new single storey dwelling - Mornington Peninsula Shire Council P23/2179 | 17 Minto Street Merricks Beach VIC 3926 | 25 Oct 2023 |
| Proposed construction of a storage shed generally in accordance with the submitted plans - Mornington Peninsula Shire Council P23/1888 | 1 Surf Street Merricks Beach VIC 3926 | 14 Sep 2023 |
Planning Applications: Other (3)
| Headline | Place | Date |
|---|---|---|
| To realign the common title boundaries, generally in accordance with the attached plans. - Streamlined Planning through Electronic Applications and Referrals S228301S | 150 Bayview Road, Merricks Beach VIC 3926 | 16 Apr 2024 |
| Vicsmart - construction of a carport generally in accordance with the submitted plans - Mornington Peninsula Shire Council P23/0576 | 7 Wave Street Merricks Beach VIC 3926 | 01 Apr 2023 |
| Construction of a carport - Mornington Peninsula Shire Council P20/1070 | 77 Merricks Beach Road Merricks Beach VIC 3926 | 17 Jun 2020 |
Recently Sold Houses (84)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 85 Bayview Rd | Price Withheld | 3.0 | 2.0 | 3.0 | 21 Mar 2025 | 0 | On Market |
| 10 Minto St | $1,800,000 | 4.0 | 2.0 | 4.0 | 03 Aug 2024 | 0 | On Market |
| 91 Bayview Rd | $3,250,000 | 4.0 | 3.0 | 3.0 | 14 Jun 2024 | 0 | On Market |
| 2 Surf St | $1,750,000 | 4.0 | 2.0 | 0.0 | 02 May 2024 | 0 | On Market |
| 16 Spray St | $1,900,000 | 4.0 | 2.0 | 0.0 | 10 Feb 2024 | 0 | On Market |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Minto St | 10 May 2024 | $2,175,000 |
| Surf St | 10 May 2024 | $2,500,000 |
| Spray St | 25 Apr 2024 | $2,350,000 |
| Cliff Rd | 06 Oct 2023 | $3,824,000 |
| Bayview Rd | 06 Oct 2023 | $1,925,000 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 1 Palmers Hill Rd | $950 | 4 | 3 | 2 | 29 Aug 2024 | 0 |
| 1 Palmers Hill Rd | $950 | 4 | 3 | 2 | 29 Aug 2024 | 0 |
| 1 Palmers Hill Rd | $950 | 4 | 3 | 2 | 29 Aug 2024 | 0 |
| 1 Palmers Hill Rd | $950 | 4 | 3 | 2 | 29 Aug 2024 | 0 |
| 1 Palmers Hill Rd | $950 | 4 | 3 | 2 | 29 Aug 2024 | 0 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| 73 Bayview Rd | $335 | 2.0 | 1.0 | 2.0 | 03 Sep 2019 |
| 73 Bayview Rd | $335 | 2.0 | 1.0 | 2.0 | 03 Sep 2019 |
| 73 Bayview Rd | $335 | 2.0 | 1.0 | 2.0 | 03 Sep 2019 |
| 73 Bayview Rd | $335 | 2.0 | 1.0 | 2.0 | 03 Sep 2019 |
| 73 Bayview Rd | $335 | 2.0 | 1.0 | 2.0 | 03 Sep 2019 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 87 Bayview Rd | Price Withheld | 0.0 | 0.0 | 06 Jan 2021 | On Market | |
| 87 Bayview Rd | Price Withheld | 0.0 | 0.0 | 06 Jan 2021 | On Market | |
| 87 Bayview Rd | Price Withheld | 0.0 | 0.0 | 06 Jan 2021 | On Market | |
| 87 Bayview Rd | $1,105,000 | 06 Jan 2021 | On Market | |||
| 87 Bayview Rd | Price Withheld | 0.0 | 0.0 | 06 Jan 2021 | On Market |
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