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Profiles
Nearby Suburbs
Real Estate Market: Is Merricks North VIC 3926 a Good Suburb to Buy Into?
Housing Market in Merricks North
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| $816 | Top 11% |
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Housing Supply in Merricks North
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 North
39.9%
Merricks North
39.9%
Mornington Peninsula
30.8%
Mornington Peninsula
30.8%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 2,390 | Top 1% |
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| 2.8 | Top 42% | Data for Jul 2023 | ||
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| 4 | Top 27% |
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Housing Stock Quality in Merricks North
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 | ||
| 2.6 | Top 39% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Merricks North
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Merricks North
23.2%
Merricks North
23.2%
Mornington Peninsula
28.0%
Mornington Peninsula
28.0%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 1.2 sq km | Top 10% | Data for Jun 2023 |
Risk in Merricks North
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 North
39.8
Merricks North
39.8
Mornington Peninsula
44.5
Mornington Peninsula
44.5
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 96.0% | Top 34% | Data for May 2023 | ||
| 4.0% | Bottom 34% | Data for May 2023 | ||
| 69 | Top 4% | Data for Jun 2023 | ||
| $2,550 | Top 21% |
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| 75 | Bottom 32% | Data for Jun 2023 | ||
| 76 | Bottom 47% | Data for Jun 2023 | ||
| 33.0% | Top 10% |
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| 29.4% | Bottom 24% |
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Housing Demand in Merricks North
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 North
77.5%
Merricks North
77.5%
Mornington Peninsula
79.2%
Mornington Peninsula
79.2%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| 6330 | Bottom 21% |
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| 170000 | Top 7% |
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| 195000 | Top 7% |
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Unit Market in Merricks North
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $528 | Top 34% |
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| Premium | Premium | Premium | ||
| 61.1% | Bottom 19% |
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LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Mornington Peninsula |
Accommodation Options (4)
| Headline | Place | Datetime |
|---|---|---|
| Jackalope Hotel | 166 Balnarring Rd | |
Percent of Renters by Street (15)
| Percent of Renters | Street |
|---|---|
| 6.0% | Balnarring Rd |
| 3.9% | Bittern-Dromana Rd |
| 0.0% | Bulldog Creek Rd |
| 0.0% | Craig Avon Ln |
| 0.0% | Foxeys Rd |
Turnover Rate by Street (13)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 55.6% | Myers Rd | quite tightly held | Every 18.0 years (quite tightly held) | 2025 |
| 60.0% | Craig Avon Ln | quite tightly held | Every 16.7 years (quite tightly held) | 2025 |
| 30.8% | One Chain Rd | very tightly held | Every 32.5 years (very tightly held) | 2025 |
| 110.5% | Old Bittern-Dromana Rd | very high turnover | Every 9.0 years (very high turnover) | 2025 |
| 109.7% | Bittern-Dromana Rd | very high turnover | Every 9.1 years (very high turnover) | 2025 |
Median Unit Sale Prices by Street (1)
| Date | Median sale value | Street |
|---|---|---|
| 25 Apr 2024 | $2,250,000 | Kentucky Rd |
Recently Sold Houses (85)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 12 One Chain Rd | $2,950,000 | 5.0 | 3.0 | 6.0 | 11 Dec 2024 | 0 | On Market |
| 290 Myers Rd | Price Withheld | 3.0 | 2.0 | 6.0 | 06 Nov 2024 | 0 | On Market |
| 4 Kentucky Rd | Price Withheld | 3.0 | 2.0 | 2.0 | 03 Oct 2024 | 0 | On Market |
| 242 Bittern-dromana Rd | Price Withheld | 4.0 | 2.0 | 1.0 | 09 Aug 2024 | 0 | On Market |
| 248 Bittern-dromana Rd | Price Withheld | 4.0 | 1.0 | 2.0 | 15 Jul 2024 | 0 | On Market |
Businesses (4)
| Name | Address |
|---|---|
| Platinum Electricians Mornington Peninsula | 174 Balnarring Rd, Merricks North VIC 3926, Australia |
| Teco Tooling Pty Ltd | 121 Bittern-Dromana Rd, Merricks North VIC 3926, Australia |
| Qe1 Electrical | |
| Teco Tooling Pty Ltd | 121, Bittern Dromana Rd |
Planning Applications: Dwellings (46)
| Headline | Place | Date |
|---|---|---|
| The development of dwelling additions (double storey), alterations and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P21/1354.02 | 22 Junction Road Merricks North VIC 3926 | 20 Nov 2024 |
| The development of dwelling additions (double storey), alterations and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P21/1354.02 | 22 Junction Road Merricks North VIC 3926 | 20 Nov 2024 |
| Development of dwelling additions and alterations, a deck to the dam, service roads and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P22/2756.02 | 32 Stanleys Road Merricks North VIC 3926 | 19 Nov 2024 |
| Development of dwelling additions and alterations, a deck to the dam, service roads and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P22/2756.02 | 32 Stanleys Road Merricks North VIC 3926 | 19 Nov 2024 |
| The use and development of a dwelling, removal of vegetation, and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P23/0901.02 | 20 Tubbarubba Road Merricks North VIC 3926 | 21 Sep 2024 |
Planning Applications: Other (18)
| Headline | Place | Date |
|---|---|---|
| Proposed development of a tennis pavilions and associated works - Mornington Peninsula Shire Council P24/0058 | 86 Merricks Road Merricks North VIC 3926 | 26 Jan 2024 |
| Use and development of a camping and caravan park, primary produce sales and associated works in accordance with the submitted plans - Mornington Peninsula Shire Council P18/1702.01 | 164 Balnarring Road Merricks North VIC 3926 | 05 Oct 2023 |
| Development of an illuminated tennis court and associated works generally in accordance with submitted plans - Mornington Peninsula Shire Council P23/1112 | 180 Balnarring Road Merricks North VIC 3926 | 10 Jun 2023 |
| Proposed illuminated tennis court generally in accordance with the submitted plans - Mornington Peninsula Shire Council P23/0424 | 211 Bittern-Dromana Road Merricks North VIC 3926 | 09 Mar 2023 |
| Development of out building and associated works - Mornington Peninsula Shire Council P22/2044 | 283 Red Hill Road Merricks North VIC 3926 | 29 Aug 2022 |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Craig Avon Ln | 10 May 2024 | $3,225,000 |
| Merricks Rd | 25 Apr 2024 | $3,625,000 |
| Stanleys Rd | 06 Oct 2023 | $2,968,000 |
| Junction Rd | 06 Oct 2023 | $2,790,000 |
| Bittern-Dromana Rd | 06 Oct 2023 | $3,800,000 |
Recent Rental House Listings (99)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 2 Kentucky Rd | $1,250 | 2 | 2 | 0 | 17 Apr 2024 | 0 |
| 2 Kentucky Rd | $1,250 | 2 | 2 | 0 | 17 Apr 2024 | 0 |
| 2 Kentucky Rd | $1,250 | 2 | 2 | 0 | 17 Apr 2024 | 0 |
| 2 Kentucky Rd | $1,250 | 2 | 2 | 0 | 17 Apr 2024 | 0 |
| 2 Kentucky Rd | $1,250 | 2 | 2 | 0 | 17 Apr 2024 | 0 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| 174 Balnarring Rd | Price Withheld | 3.0 | 1.0 | 05 Apr 2017 | |
| 174 Balnarring Rd | $460 | 05 Apr 2017 | |||
| 174 Balnarring Rd | Price Withheld | 3.0 | 1.0 | 05 Apr 2017 | |
| 174 Balnarring Rd | Price Withheld | 3.0 | 1.0 | 05 Apr 2017 | |
| 174 Balnarring Rd | $460 | 05 Apr 2017 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 12 One Chain Rd | $2,950,000 | 5.0 | 3.0 | 6.0 | 11 Dec 2024 | On Market |
| 242 Bittern-dromana Rd | Price Withheld | 4.0 | 2.0 | 1.0 | 09 Aug 2024 | On Market |
| 242 Bittern-dromana Rd | Price Withheld | 4.0 | 2.0 | 1.0 | 09 Aug 2024 | On Market |
| 242 Bittern-dromana Rd | Price Withheld | 4.0 | 2.0 | 1.0 | 09 Aug 2024 | On Market |
| 242 Bittern-dromana Rd | Price Withheld | 4.0 | 2.0 | 1.0 | 09 Aug 2024 | On Market |
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