595 Bridge Inn Road, Mernda, VIC 3754 | Property Value & History | OnTheHouse
 
OFF MARKET

595 Bridge Inn Road
Mernda VIC 3754

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 15934m2
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Property Details for 595 Bridge Inn Rd, Mernda

Building Type
Land
Year Built
1970
Land Size
15934m2
Local Government
Whittlesea
Lot/Plan
1/LP95152

Last Listing description (May 2019)

Expressions of Interest
This outstanding opportunity is now available for substantial Commercial development in a thriving and fast growing community. Take a hand in developing the upcoming Mernda Town Centre with this prime location situated across the road from the soon to be completed Mernda Railway Station and proposed Mernda Town Centre Shopping Centre.
This amazing opportunity of approx 15,851sqm zoned Comprehensive Development - Schedule 1, can be purchased individually or together with the two titled properties to its east that are also part of the approved development plan.

Council Approved Development Plan for Mixed Use/Retail and Medium Density Residential Development to 5 storeys and up to 100 dwellings per Ha (STCA)
Literally across the road from the soon to be completed Mernda Railway Station and proposed Mernda Town Centre Shopping Centre.
This high profile site is also adjacent to future bus /transport exchange hub.
Huge investment opportunity in booming Northern corridor.
Comprehensive Development Zoning Schedule 1
Opportunity to secure individual sites of 15,851sqm, 6948sqm or 10,109sqm or all three sites totalling approx. 32,908sqm (3.29Ha)

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Property History for 595 Bridge Inn Rd, Mernda, VIC 3754

A timeline of how this property has performed in the market
Last Sold
$1,655,000
14 Dec 2008
  • 12 Jun 2018
    Listed for Sale Expressions of Interest
  • 14 Dec 2008
    Sold for $1,655,000
  • 18 Nov 2008
    Listed for Sale Not Disclosed
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About Mernda 3754

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 10,848 properties. Over the last 5 years, Houses in Mernda have seen a 22.41% increase in median value, while Units have seen a 30.04% increase. As at 30 April 2026:

  • The median value for Houses in Mernda is $797,835 while the median value for Units is $557,154.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 64 properties listed for sale, and 32 properties listed for rent in Mernda on OnTheHouse. According to Cotality's data, 534 properties were sold in the past 12 months in Mernda.

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