52-56 Waverley AvenueMerrigum VIC 3618
Property Details for 52-56 Waverley Ave, Merrigum
Last Listing description (August 2026)
A substantial 15.02-hectare landholding positioned within the Merrigum township, offering an exciting residential development opportunity. The property is strategically located within the Goulburn Valley Region, with convenient access to Kyabram and Shepparton and their extensive range of retail, health, employment and community services. Key Property Highlights- Planning Permit: Approved planning permit Ref. 2022-300 for a multi-lot residential subdivision within the Township Zone, including access to Transport Zone 2. Proposed Number of Lots: 115 residential lots Average Lot Size: Approximately 810 m Development Commencement Requirement: Development is required to commence by 26 September 2027, subject to the conditions of the planning permit. Development Completion Requirement: Development is required to be completed by 26 September 2029, subject to the conditions of the planning permit. Permit Expiry: 26 September 2027, subject to the terms and conditions of the planning permit. Planning Permit Approval Date: 28 August 2023 Zoning: Township Zone (TZ) Land Area: 15.02 hectares of substantial township land Local Government: Greater Shepparton City Council Region: Goulburn Valley Region, Northern Victoria Planning Scheme: Greater Shepparton Planning Scheme Zoning Conformity: The subject property appears to conform with its current zoning. Development Approval: The approved planning permit provides an established pathway for future multi-lot residential development within the Merrigum township. Strategic Location: The property is strategically located within the Merrigum township, providing an established residential development opportunity. Location Benefits: Merrigum benefits from its proximity to the larger regional centres of Kyabram and Shepparton, providing access to higher-order retail, health, employment and other supporting services. Development Potential: The substantial landholding, Township Zone designation and approved planning permit provide an established basis for future residential subdivision and development.
Property History for 52-56 Waverley Ave, Merrigum, VIC 3618
- 18 Aug 2026Listed for Sale $3,300,000 - $3,500,000
- 02 Feb 2021Sold for $385,000
- 16 Jul 2007Sold for $550,000
Recent sales nearby
See more recent sales nearby/assets/perm/bzo2vvnvgai6zghfr4oasm5sdu?signature=18b143615eed625cf87eeb2c3a91f063ad402a57ad23f081afbf03205f362422){kind=logo}
0
/assets/perm/nsr5go2a5mi6xfw5epcw2lmpma?signature=37516b0d6b878fc97724e9294551c0f89df8a80df2f2015dfa996389bfc392df){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
About Merrigum 3618
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 502 properties. Over the last 5 years, Houses in Merrigum have seen a 52.88% increase in median value. As at 31 July 2026:
- The median value for Houses in Merrigum is $381,045 while the median value for Units is $378,143.
Suburb Insights for Merrigum 3618
Market Insights
Merrigum Trends for Houses
N/A
N/A
View TrendN/A
N/A
Merrigum Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
