Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Merton, VIC 3715
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,080,000
list-price estimate
Median Unit
$850,000
list-price estimate
Gross Yield (houses)
2.7%
1yr Growth
-
Investment snapshot for Merton
Merton has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Merton verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Merton - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Merton market and investor summary
In Merton, VIC 3715, houses show a gross rental yield of 2.7%.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.7% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 263 days on market, so plan for a slower exit if you ever need one.
Living in Merton: people, income and schools
Merton has a resident population of roughly 216. At a median age of 53, it reads as an older, established demographic, and 88% 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 $57,000 a year (about $1,090 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10).
- Population
- 216
- Median age
- 53 years
- Median household income
- $57,000/yr
- Households renting
- 4%
- Family households
- 70%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 5.8%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Merton
No properties currently listed in Merton
Search Merton listings →Frequently asked questions about Merton
What should I check before investing in Merton?
Merton 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 rental yield does Merton show?
The gross rental yield in Merton is 2.7% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Merton?
Merton has a population of approximately 216 residents, with a median age of 53.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API