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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Merrylands, the median property price for a house is currently 1,300,000 with annual capital growth of 16.51 . There were 212 house sales in the past 12 months. On average, houses spend 30 days on market.
If you're thinking about buying an investment property in Merrylands, consider that rental yields for houses are currently 3.13 with an average median rent of 700 weekly. Houses have seen 1.92 growth in the past quarter, and 16.51 growth in the past 12 months.
The size of Merrylands is approximately 6.7 square kilometres. It has 44 parks covering nearly 8% of total area. The population of Merrylands in 2011 was 26,658 people. By 2016 the population was 29,647 showing a population growth of 11.2% in the area during that time. The predominant age group in Merrylands is 20-29 years.
Households in Merrylands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrylands work in a professional occupation. In 2011, 56.7% of the homes in Merrylands were owner-occupied compared with 51.6% in 2016.
In Merrylands, the median property price for a unit is currently 550,000 with annual capital growth of 0.00 . There were 488 unit sales in the past 12 months. On average, units spend 31 days on market.
If you're thinking about buying an investment property in Merrylands, consider that rental yields for units are currently 5.73 with an average median rent of 550 weekly. Units have seen 0.00 growth in the past quarter, and 0.00 growth in the past 12 months.
The size of Merrylands is approximately 6.7 square kilometres. It has 44 parks covering nearly 8% of total area. The population of Merrylands in 2011 was 26,658 people. By 2016 the population was 29,647 showing a population growth of 11.2% in the area during that time. The predominant age group in Merrylands is 20-29 years.
Households in Merrylands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrylands work in a professional occupation. In 2011, 56.7% of the homes in Merrylands were owner-occupied compared with 51.6% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,300,000 | 550,000 |
| Quarterly growth | +1.92 | 0.00 |
| 12-month growth | +16.51 | 0.00 |
| Average annual growth | +9.79 | +1.84 |
| Weekly median rent | 700 | 550 |
| Gross rental yield | 3.13 | 5.73 |
| Number of Sales (12m) | 212 | 488 |
| Avg. Days on Market (12m) | 30 | 31 |
| Key Demographics | 2011 | 2016 |
| Total population | 26,658 | 29,647 |
| Population change (5y) | +27.58 | +11.20 |
| Median household income (p/w) | 1,047 | 1,278 |
| Household income change (5y) | +18.17 | +22.06 |
| Median age of persons | 32 | 32 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Merrylands was 29,647 in 2016, a +11.20 change compared to 2011.
The predominant age group in Merrylands is 20-29 years.
The population of Merrylands was 29,647 in 2016, a +11.20 change compared to 2011.
The predominant age group in Merrylands is 20-29 years.
Most of the population in Merrylands were born in Australia.
Most of the population in Merrylands were born in Australia.
Most of the population in Merrylands report their religion as Catholic.
Most of the population in Merrylands report their religion as Catholic.
Most of the population in Merrylands report their income range as between 78,000 and 130,000 .
The median household income in Merrylands was 1,278 in 2016, a +22.06 change compared to 2011.
Most of the population in Merrylands report their income range as between 31,000 and 52,000 .
The median household income in Merrylands was 1,047 in 2011, a +18.17 change compared to 2006.
Most of the population in Merrylands work as Professional.
Most of the population in Merrylands work as Professional.
The chart below demonstrates the various levels of education in Merrylands.
The chart below demonstrates the various levels of education in Merrylands.
Most of the population in Merrylands reached a qualification level of Bachelor.
Most of the population in Merrylands reached a qualification level of Certificate.
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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.
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