Thinking about buying in Merrimu? Now could not be a better time, with just 168 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,390,000 with prices in this suburb ranging from $489,000 to $2,468,000. The aproximate distance to the coast is 35 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Merrimu Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Merrimu driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Merrimu are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Merrimu classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Merrimu requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Merrimu we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Merrimu a better buying opportunity than it may have been in the past.
Properties for sale Merrimu
|
64 possumtail run, merrimu, vic, 3340 |  4 |
 2 |
 2 |
$1,900,000 - $2,000,000 |
Local Schools
Darley Primary School
Bacchus Marsh Primary School
St Bernard's School
Coimadai Primary School
(While the above schools are located with the suburb of Merrimu there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Merrimu weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 14.5 | 27.7 | 34.8 | 87.0 | 5.5 | 24.3 |
| Feb | 1.3 | 14.4 | 27.0 | 37.6 | 88.5 | 5.2 | 20.4 |
| Mar | 1.3 | 13.1 | 24.6 | 39.8 | 88.6 | 5.0 | 15.9 |
| Apr | 1.4 | 10.4 | 20.9 | 43.7 | 90.6 | 4.9 | 11.9 |
| May | 1.2 | 8.2 | 16.9 | 51.3 | 90.8 | 5.4 | 8.6 |
| Jun | 1.4 | 6.2 | 14.1 | 58.9 | 93.2 | 5.2 | 7.3 |
| Jul | 1.0 | 5.9 | 13.7 | 56.0 | 91.4 | 6.2 | 7.7 |
| Aug | 1.2 | 6 | 14.7 | 49.2 | 90.3 | 6.1 | 10.3 |
| Sept | 1.6 | 7.4 | 17.7 | 42.8 | 89.4 | 6.1 | 14.5 |
| Oct | 1.6 | 8.8 | 20.7 | 39.2 | 90.1 | 5.6 | 18.6 |
| Nov | 1.9 | 10.7 | 22.9 | 38 | 90.3 | 5.4 | 21.7 |
| Dec | 1.7 | 12.6 | 25.5 | 35.7 | 88.6 | 5.4 | 25.3 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Melton - Less than 10 KM
Wyndham Vale - Greater then 10KM
Caroline Springs - Greater then 10KM
Sunbury - Greater then 10KM
Cobblebank - Greater then 10KM
Watergardens - Greater then 10KM
Bacchus Marsh - Less than 5 KM
Diggers Rest - Greater then 10KM
Rockbank - Greater then 10KM
Ballan - Greater then 10KM
General Points of Interest
Bacchus Marsh Public childrens pool - Less than 5 KM
Avenue Bowls Club - Less than 5 KM
Bacchus Marsh Golf Club - Less than 5 KM
Darley Plaza - Less than 5 KM
Coburns Central - Less than 10 KM
Woodgrove Shopping Centre - Less than 10 KM
Bacchus Marsh Public Pool - Less than 5 KM
Paul Saddler Swimland - Less than 5 KM
Melton Swimmers - Less than 10 KM
Woodgrove Shopping Centre - Less than 10 KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!