202/40 Rowell Dr, Mernda is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 1352m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Modern Solid Investment in the Mernda Villages Estate
If you are looking for exceptional value, then look no further. This neat apartment is simply ideal if you are looking at getting into the property market, downsizing or to rent out.
Features an open plan living area leading out to the scenic balcony, well equipped kitchen with stone benches and two good size bedrooms.
Also comprising of central bathroom, high ceilings, secure entry, downlighting and split system.
Complete with fresh paint, car spot and located only minutes to beautiful parklands, shopping centres, local schools and public transport.
Inspect with confidence. Call now.
Age: 12 Years (approx)
Sale Terms: 10% Deposit / Balance 30/60 Days
Estimated Rental Return: $360 to $380 per week (approx)
Owners Corp: $810.19 per quarter (approx)
The size of Mernda is approximately 22.5 square kilometres. It has 104 parks covering nearly 9.4% of 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 10,830 properties. Over the last 5 years, Houses in Mernda have seen a 29.66% increase in median value, while Units have seen a 33.70% increase. As at 31 December 2025:
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