Suburb Profile
More Recent Sold in Merricks North
| Address | Sold Date | Price |
|---|---|---|
| 29 Old Bittern Dromana Road, Merricks North VIC | Nov 2023 | $3,950,000 |
| 89 Merricks Road, Merricks North Vic | Nov 2023 | $4,000,000 |
| 37 Kentucky Road, Merricks North Vic | Feb 2023 | $4,600,000 |
| 215 Bittern Dromana Road, Merricks North Vic | Feb 2023 | $3,720,000 |
| 163 Bittern-Dromana Road, Merricks North VIC | Jan 2023 | $4,100,000 |
More Recent Rent in Merricks North
| Address | Rent Date | Price(per week) |
|---|---|---|
| 278 Myers Road, Merricks North VIC | Nov 2022 | $990 |
| 37 Old Bittern Dromana Road, Merricks North VIC | May 2021 | $550 |
| 41 Old Bittern Dromana Road, Merricks North VIC | Mar 2021 | $650 |
| 217 Bittern-Dromana Road, Merricks North VIC | Aug 2020 | $1,850 |
| 2 Kentucky Road, Merricks North VIC | May 2020 | $1,250 |
Rent Yield in Merricks North
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 2 | $5,800,000 | - | - | $5,800,000 | - | - | 1 |
| 3 | $4,500,000 | - | - | $4,500,000 | - | - | 1 |
| Rural | |||||||
| 2 | $5,800,000 | - | - | $5,800,000 | - | - | 1 |
| Unknown | |||||||
| 3 | $4,500,000 | - | - | $4,500,000 | - | - | 1 |
Crime Rate of Mornington Peninsula
| Crime Type | Rate of MORNINGTON PENINSULA | Rate of VIC |
| Crime Against Property | 3,719 | 4,607 |
| Crime Against the Person | 732 | 940 |
| Drug Offences | 210 | 311 |
| Other Crime | 912 | 875 |
| Total | 5,573 | 6,733 |
Demographics of Merricks North
| PopulationSize | Merricks North | Melbourne |
| All People | 2396 | 3366613 |
| Country of Origin | Merricks North | Melbourne |
| Australian Born | 87% | 65% |
| Born Overseas - Top 5 | Merricks North | Melbourne |
| United Kingdom | 8% | 5% |
| New Zealand | 1% | 1% |
| Netherlands | 1% | 0% |
| Median household income | Merricks North | Melbourne |
| Weekly income | $1,196 | $1,333 |
| Age Statistics | Merricks North | Melbourne |
| 40 to 59 | 29% | 28% |
| 5 to 19 | 23% | 14% |
| 20 to 39 | 22% | 33% |
| 60+ | 19% | 17% |
| 0 to 4 | 6% | 7% |
| Family Statistics - Top 5 | Merricks North | Melbourne |
| Married | 59% | 51% |
| Never Married | 27% | 33% |
| Divorced | 7% | 7% |
| Widowed | 6% | 6% |
| Separated | 2% | 3% |
| Religion - Top 5 | Merricks North | Melbourne |
| No Religion | 28% | 19% |
| Anglican | 28% | 16% |
| Catholic | 23% | 33% |
| Uniting Church | 10% | 5% |
| Presbyterian and Reformed | 4% | 3% |
| Occupation - Top 5 | Merricks North | Melbourne |
| Professionals | 8% | 8% |
| Tradespersons and Related Workers | 7% | 6% |
| Managers and Administrators | 6% | 4% |
| Associate Professional | 5% | 5% |
| Intermediate Clerical/Sales/Service | 5% | 7% |
| Education - Top 5 | Merricks North | Melbourne |
| Not Attending (Working) | 72% | 73% |
| Infants/Primary | 11% | 9% |
| Secondary Education | 10% | 7% |
| Technical or Further Education | 2% | 3% |
| University or other Tertiary Institution | 2% | 5% |
| Transport to Work - Top 5 | Merricks North | Melbourne |
| Car (driver) | 28% | 28% |
| Worked at home | 4% | 2% |
| Car (passenger) | 2% | 3% |
| Walked | 2% | 1% |
| Bicycle | 1% | 0% |
| Type of Dwelling - Top 3 | Merricks North | Melbourne |
| Separate house | 97% | 74% |
| Nature of Occupancy - Top 3 | Merricks North | Melbourne |
| Fully Owned | 47% | 43% |
| Purchasing | 29% | 27% |
| Rented | 16% | 24% |
| Monthly Loan Repayment - Top 5 | Merricks North | Melbourne |
| $600-$799 | 25% | 21% |
| $800-$999 | 23% | 19% |
| $400-$599 | 21% | 16% |
Supply Demand History in Merricks North
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 6 | 1035 |
| 2015 May | 8 | 1317 |
| 2015 Jun | 5 | 460 |
| 2015 Jul | 3 | 359 |
| 2015 Aug | 2 | 305 |
| 2015 Sep | 3 | 605 |
| 2015 Oct | 4 | 839 |
| 2015 Nov | 3 | 496 |
| 2015 Dec | 3 | 376 |
| 2016 Jan | 2 | 498 |
| 2016 Feb | 2 | 404 |
| 2016 Mar | 1 | 273 |
| 2016 Apr | 1 | 619 |
Based on Australian Bureau of Statistics data
Merricks North, VIC 3926
(60.98 km to CBD)
- Median House Price: $4,000,000
- Median Unit Price: $360,700
Surrounding Suburbs
Selected Demographics of Merricks North
- 230 Number of House
- 4 Number of Unit
- 2396 Number of People
- 47 Median Age
- 2.7 Median Household Size
- $173 Weekly Rent
- $711 Weekly Individual Income
- $1,732 Weekly Family Income
- $1,617 Weekly Household Income
- $4,000,000 Median Asking Price
- $0 Median Rent
- 0.00% Rent Yield
- 7 Stock On Sale
- 0.51% Vacancy Rate
- 1 Average Supply
- 388 Average Demand
- 388.00 Supply Demand Ratio
Leading Agencies (Sale)
Kay & Burton - Flinders 27%
Paton Estate Agents - Balnarring 13%
R T Edgar - Flinders 8%
Satchwells - Hastings 8%
Jacobs & Lowe - Mornington 6%
Homes and Acreage - Mt Eliza 6%
Peninsula Sotheby's International Realty - Flinders 3%
Harcourts - Hastings 3%
The Coast Real Estate 3%
Aqua Real Estate - Mount Eliza 2%
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