Lot 1, 180-192 Waverley Avenue, Merrigum VIC 3618
Land Size: Approx. 1 Acre (4,047 m)
Zoning: Township (TZ)
Price: Contact Agent
Property Overview
Positioned on the main road into Merrigum, this exceptional one-acre parcel of land offers a rare opportunity for developers, investors, and visionary owner-builders alike. With Township zoning and a prime main-road frontage, 192 Waverley Avenue provides the perfect canvas for a range of residential or commercial projects.
Whether youre looking to subdivide into multiple housing lots or establish a community-focused development such as a childcare centre or medical facility, this site delivers unmatched flexibility and future potential.
Key Features
Generous 1-acre (approx.) allotment with excellent street frontage
Township Zoning (TZ) allows for mixed-use residential and commercial development
Prime location on the main approach into Merrigum township
V/Line bus service passes daily along Waverley Avenue to and from Shepparton
Ideal for developers, investors, or owner-occupiers seeking a strategic, high-visibility location
Potential uses (STCA):
Subdivision into residential lots
Childcare centre
Medical or allied health facility
Mixed-use community hub
Location Highlights
Only 20 minutes to Shepparton and 10 minutes to Kyabram
Close to local shops, primary school, and sporting facilities
Convenient public transport access via V/Line
Situated in a growing regional community with strong demand for services and housing
An Investment in Growth
With Merrigums township expanding and strong regional development underway across the Goulburn Valley, this property represents a strategic opportunity to capitalise on future growth while contributing valuable infrastructure to the community.
For further details or to arrange an inspection, contact: Mick Stewart on 0437 794 049 or via email on info@links8.com.au
The size of Merrigum is approximately 55.9 square kilometres. There are 2 parks, covering nearly 0.8% of the total area. The population of Merrigum in 2016 was 679 people. By 2021 the population was 679 showing a stable population in the area during that time. The predominant age group in Merrigum is 60-69 years. Households in Merrigum are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merrigum work in a managers occupation.In 2021, 77.90% of the homes in Merrigum were owner-occupied compared with 78.90% in 2016.
Merrigum has 496 properties. Over the last 5 years, Houses in Merrigum have seen a 54.60% increase in median value. As at 31 May 2026:
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