Giving property investors a a solid capital gain of 22.59% for the last year, Mernda, 3754 is the 205th highest performer in Australia in this respect.
Across a shorter period, Mernda, 3754 has seen a median price increase of 3.95% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.19% offered to property buyers. Sellers in Mernda itself are offering an average vendor discount of -3.39% to real estate investors.
At number 287 in a list of fastest selling suburbs, Mernda is in the TOP 10% of suburbs in Australia with an average of days on market 39 for properties listed there.
VIC has seen average median house prices change by 7.50% which means that Mernda, 3754 has done well for property investors by showing a capital gain of 16.19% over the last year
Comparing Mernda,3754 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Mernda is $362500, with sellers offering an average of -1.84% off the asking price.
At number 252 in a list of fastest selling suburbs, Mernda is in the TOP 20% of suburbs in Australia with an average of days on market 48.5 for properties listed there.