Mernda is in the bottom 40% in VIC when comparing median price capital growth over the last year. Mernda gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.88%.
Across a shorter period, Mernda, 3754 has seen a median price increase of 0.64% over the last quarter.
The most recent median price for Mernda is $430000, with sellers offering an average of -3.86% off the asking price.
With the median price for a house in Mernda being $430000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.23%
At number 896th in the list of Australian suburbs ordered by increase in median house value over the last year, Mernda, 3754 is in the BOTTOM 50% with a property value increase of 2.14% recorded in median house prices.
Mernda,3754 has offered an average of 2.14% return per annum in house price rises to property investors over the last three years.
At number 229th of VIC’s most discounted properties, Mernda is in the TOP 30% of the state/territory when listing in order of most discounted to least.
In the last year 16 properties changed hands in Mernda, which puts it as the 324th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Mernda being $310500 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.02%