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 infrastructureMernda has been master planned around a central activity district incorporating retail, commercial, civic & residential development, supported by transport connectivity & community infrastructure. The vision promotes multi-level buildings & vertical mixing of uses to create an active & pedestrian-friendly town centre environment.The surrounding precinct continues to attract major investment including retail centres, childcare facilities, fitness operators & hospitality venues designed to meet the everyday lifestyle needs of the expanding local population.With the town centre planned to accommodate substantial retail, commercial & employment floor space, large development parcels of this scale are increasingly rare. The site presents outstanding scope for developers & investors seeking to capitalise on Merndas long-term growth trajectory (STCA)Terms: 10% Deposit/ Balance 60/90 Days
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 10,870 properties. Over the last 5 years, Houses in Mernda have seen a 23.45% increase in median value, while Units have seen a 34.90% increase. As at 31 March 2026:
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