Suburb Profile Report for Merrijig VIC (3723)

Merrijig House: Median price $460,000, Annual capital growth -5.46%, Number of sales 15, Weekly median advertised rent N/A

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

Merrijig has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.52% to date .

In the last year 15 properties changed hands in Merrijig, which puts it as the 665th most active market in VIC when comparing the number of sales per suburb.

The VIC suburb of Merrijig, 3723 is in the Mansfield (S) local government area.

Metrics i HOUSE UNIT
$460,000 N/A
8.88% N/A
9.52% N/A
-5.46% N/A
N/A N/A
15 N/A
N/A N/A
61.7 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 705
Median household income ($/weekly) 1072
Median age of persons 25
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 151 21.4
    15-19 years 150 21.2
    25-34 years 86 12.2
    35-44 years 72 10.2
    55-64 years 78 11.0
    Others 169 23.9
    Age Group
    Census Count Percent(%)
    Registered Married 150 48.5
    Not Married 112 36.2
    Defacto Relationship 47 15.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 549 82.3
    China 7 1.0
    Greece 10 1.5
    United Kingdom 35 5.2
    Other 21 3.1
    Others 45 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 2.4
    Christianity 337 53.5
    Islam 4 0.6
    Other Religious Groups 9 1.4
    No Religion 261 41.4
    Others 4 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 19 11.4
    $600-$799 26 15.6
    $1,000-$1,249 20 12.0
    $1,250-$1,499 18 10.8
    $1,500-$1,999 24 14.4
    Others 60 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 216 43.5
    Employed, worked full-time 187 37.7
    Employed, worked part-time 75 15.1
    Employed, away from work 12 2.4
    Unemployed, looking for work 6 1.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 73 26.8
    Professionals 52 19.1
    Community & personal service workers 32 11.8
    Machinery operators & drivers 26 9.6
    Labourers 29 10.7
    Others 60 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 10 3.4
    Infants/Primary 31 10.4
    Secondary 237 79.8
    Technical or Further Educational Institution 13 4.4
    University or other Tertiary Institutions 3 1.0
    Others 3 1.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 399 96.4
    House or flat attached to a shop, office 9 2.2
    Semi-detached, row or terrace house, townhouse 3 0.7
    Flat, unit or apartment 3 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 66 36.9
    Being purchased 55 30.7
    Rented 52 29.1
    Other tenure type 6 3.4
    Tenure Type
Census 2011, ABS
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