44 Breadalbane Avenue, Mernda, VIC 3754 | Land for sale | OnTheHouse
 
FOR SALE
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44 Breadalbane Avenue
Mernda VIC 3754

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Land area: 3016m2
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Prime Mixed-Use Development Opportunity in the Heart of Mernda Central

Positioned within the thriving Mernda Central activity hub, this substantial 3,016m2 (approx.) landholding represents a rare opportunity to secure a strategic development site in one of Melbourne's fastest growing northern corridors.
Located within the Mernda Town Centre growth framework, the precinct has been master-planned to deliver a vibrant mixed-use activity centre integrating retail, commercial, community and residential outcomes. The broader town centre planning strategy is designed to support significant retail & commercial floor space alongside higher-density development and employment opportunities, reinforcing Mernda as a major lifestyle & service destination.
Key Investment Highlights
• Generous 3,016m2 approx. development parcel
• Positioned within the Mernda Central commercial and lifestyle precinct
• Suitable for a variety of mixed-use outcomes (STCA)
• Strategic location benefiting from strong population growth & infrastructure investment
• Surrounded by established national retailers, childcare, fitness & service providers
• High exposure location with strong pedestrian & vehicle activity
• Close proximity to Mernda Train Station, schools, parklands & community infrastructure
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Property Details for 44 Breadalbane Ave, Mernda

Building Type
Land
Land Size
3016m2
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About Mernda 3754

The size of Mernda is approximately 22.5 square kilometres. There are 104 parks, covering nearly 9.4% of the total area. The population of Mernda in 2016 was 16458 people. By 2021 the population was 23369 showing a population growth of 42.0% in the area during that time. The predominant age group in Mernda is 30-39 years. Households in Mernda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mernda work in a professional occupation.In 2021, 69.40% of the homes in Mernda were owner-occupied compared with 69.90% in 2016.

Mernda has 10,856 properties. Over the last 5 years, Houses in Mernda have seen a 11.64% increase in median value, while Units have seen a 22.90% increase. As at 31 August 2026:

  • The median value for Houses in Mernda is $765,726 while the median value for Units is $554,556.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 66 properties listed for sale, and 28 properties listed for rent in Mernda on OnTheHouse. According to Cotality's data, 479 properties were sold in the past 12 months in Mernda.

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Steve Gruevski
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John Metaxas
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Ray White Mernda
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