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Merino, VIC 3310
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$355,000
list-price estimate
Median Unit
$320,000
Gross Yield
-
1yr Growth
-
Investment snapshot for Merino
Merino has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Investment score breakdown
See exactly which signals drive Merino - yield, growth, affordability, vacancy, livability, safety, and demographics.
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Merino market and investor summary
Merino sits in VIC, postcode 3310.
Living in Merino: people, income and schools
Merino has a resident population of roughly 249. At a median age of 58, it reads as an older, established demographic, and 92% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $40,000 a year (about $770 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10).
There is 1 school within about 5km, testing close to the national school average on ICSEA.
- Population
- 249
- Median age
- 58 years
- Median household income
- $40,000/yr
- Households renting
- 9%
- Family households
- 54%
- Socio-economic rank
- 3/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 975
- Unemployment
- 10.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Merino
No properties currently listed in Merino
Search Merino listings →Frequently asked questions about Merino
What should I check before investing in Merino?
Merino has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Merino?
The median property price in Merino, VIC 3310 is $320K for units.
How many people live in Merino?
Merino has a population of approximately 249 residents, with a median age of 58.
What schools are near Merino?
There are 1 school within roughly 5km of Merino. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
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