Suburb Profile Report for Merrigum VIC (3618)

Merrigum House: Median price $182,500, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

In the last year 10 properties changed hands in Merrigum, which puts it as the 718th most active market in VIC when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$182,500 N/A
4.29% N/A
N/A N/A
N/A N/A
N/A N/A
12 N/A
N/A N/A
N/A N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 674
Median household income ($/weekly) 917
Median age of persons 38
Median housing loan repayment ($/monthly) 997
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 91 13.5
    25-34 years 65 9.7
    35-44 years 97 14.4
    45-54 years 116 17.3
    55-64 years 98 14.6
    Others 205 30.5
    Age Group
    Census Count Percent(%)
    Registered Married 246 49.5
    Not Married 184 37.0
    Defacto Relationship 67 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 555 87.1
    Indonesia 11 1.7
    Japan 9 1.4
    Papua New Guinea 9 1.4
    United Kingdom 16 2.5
    Others 37 5.8
    Country of Birth
    Census Count Percent(%)
    Christianity 406 66.0
    No Religion 164 26.7
    Islam 28 4.6
    Other Religious Groups 12 2.0
    Buddhism 5 0.8
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 34 14.9
    $600-$799 27 11.8
    $800-$999 26 11.4
    $1,250-$1,499 30 13.2
    $1,500-$1,999 32 14.0
    Others 79 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 205 39.3
    Not in the labour force 190 36.4
    Employed, worked part-time 79 15.1
    Unemployed, looking for work 26 5.0
    Employed, away from work 22 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 68 22.4
    Professionals 27 8.9
    Technicians & trades workers 46 15.1
    Machinery operators & drivers 32 10.5
    Labourers 60 19.7
    Others 71 23.4
    Occupation
    Census Count Percent(%)
    Pre-school 20 13.8
    Infants/Primary 52 35.9
    Secondary 46 31.7
    Technical or Further Educational Institution 14 9.7
    University or other Tertiary Institutions 10 6.9
    Others 3 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 624 99.2
    Caravan, cabin, houseboat 5 0.8
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 101 41.1
    Fully owned 99 40.2
    Rented 43 17.5
    Other tenure type 3 1.2
    Tenure Type
Census 2011, ABS
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