Mernda Suburb Profile, VIC, 3754 (Pricing & Investment Data)

Mernda Suburb Profile
Victoria 3754

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Mernda has 10,809 properties. Over the last 5 years, Houses in Mernda have seen a 30.84% increase in median value, while Units have seen a 34.93% increase. As at 31 October 2025:

  • The median value for Houses in Mernda is $783,539 while the median value for Units is $529,295.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 60 properties listed for sale, and 27 properties listed for rent in Mernda on OnTheHouse. According to Cotality's data, 544 properties were sold in the past 12 months in Mernda.

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.

Suburb Insights for MERNDA 3754

Market Insights
Mernda Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mernda Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 23369

0-9

 

20%

10-19

 

13%

20-29

 

12%

30-39

 

22%

40-49

 

15%

50-59

 

8%

60-69

 

6%

70-79

 

4%

80-89

 

1%

Household Structure
Occupancy
Cotality Copyright and Legal Disclaimers about Property Data

Last Updated: 05/12/2025

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.