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Merriang, VIC 3737
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$845,000
list-price estimate
Median Unit
$440,000
list-price estimate
Gross Yield (houses)
2.4%
1yr Growth
-
Investment snapshot for Merriang
Merriang has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Merriang market and investor summary
In Merriang, VIC 3737, houses show a gross rental yield of 2.4%. At 1.8% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.4% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 97 days on market, so plan for a slower exit if you ever need one.
Living in Merriang: people, income and schools
About 182 people live in Merriang, a number that has held fairly steady over five years. At a median age of 47, it reads as skewed a little older, and 73% 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 $96,000 a year (about $1,850 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). Locally, around 40% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Families have 3 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 182
- -2% over 5yr
- Median age
- 47 years
- Median household income
- $96,000/yr
- Households renting
- 9%
- Family households
- 80%
- Socio-economic rank
- 3/10
- ABS advantage index
- Schools within 5km
- 3
- avg ICSEA 1000
- Unemployment
- 4.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Merriang
No properties currently listed in Merriang
Search Merriang listings →Frequently asked questions about Merriang
What should I check before investing in Merriang?
Merriang has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.8% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Merriang show?
The gross rental yield in Merriang is 2.4% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Merriang?
The current vacancy rate in Merriang is 1.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Merriang?
Merriang has a population of approximately 182 residents, with a median age of 47.
What schools are near Merriang?
There are 3 schools within roughly 5km of Merriang. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Merriang's population growing?
The population of Merriang has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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