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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 Merbein, the median property price for a house is currently 296,000 with annual capital growth of -7.50 . There were 53 house sales in the past 12 months. On average, houses spend 18 days on market.
If you're thinking about buying an investment property in Merbein, consider that rental yields for houses are currently 6.02 with an average median rent of 350 weekly. Houses have seen -2.95 growth in the past quarter, and -7.50 growth in the past 12 months.
The size of Merbein is approximately 34.5 square kilometres. It has 7 parks covering nearly 7.1% of total area. The population of Merbein in 2011 was 2,671 people. By 2016 the population was 2,699 showing a population growth of 1.0% in the area during that time. The predominant age group in Merbein is 50-59 years.
Households in Merbein are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merbein work in a trades occupation. In 2011, 73.2% of the homes in Merbein were owner-occupied compared with 71.5% in 2016.
There were 3 unit sales in the past 12 months.
The size of Merbein is approximately 34.5 square kilometres. It has 7 parks covering nearly 7.1% of total area. The population of Merbein in 2011 was 2,671 people. By 2016 the population was 2,699 showing a population growth of 1.0% in the area during that time. The predominant age group in Merbein is 50-59 years.
Households in Merbein are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merbein work in a trades occupation. In 2011, 73.2% of the homes in Merbein were owner-occupied compared with 71.5% in 2016.
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| Key Market Data | House | Unit |
| Median price | 296,000 | – |
| Quarterly growth | -2.95 | – |
| 12-month growth | -7.50 | – |
| Average annual growth | +9.86 | – |
| Weekly median rent | 350 | – |
| Gross rental yield | 6.02 | 5.64 |
| Number of Sales (12m) | 53 | 3 |
| Avg. Days on Market (12m) | 18 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 2,671 | 2,699 |
| Population change (5y) | +5.78 | +1.00 |
| Median household income (p/w) | 773 | 895 |
| Household income change (5y) | +22.31 | +15.78 |
| Median age of persons | 44 | 45 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Merbein was 2,699 in 2016, a +1.00 change compared to 2011.
The predominant age group in Merbein is 50-59 years.
The population of Merbein was 2,699 in 2016, a +1.00 change compared to 2011.
The predominant age group in Merbein is 10-19 years.
Most of the population in Merbein were born in Australia.
Most of the population in Merbein were born in Australia.
Most of the population in Merbein report their religion as No Religion.
Most of the population in Merbein report their religion as No Religion.
Most of the population in Merbein report their income range as between 33,000 and 52,000 .
The median household income in Merbein was 895 in 2016, a +15.78 change compared to 2011.
Most of the population in Merbein report their income range as between 15,000 and 31,000 .
The median household income in Merbein was 773 in 2011, a +22.31 change compared to 2006.
Most of the population in Merbein work as Trades.
Most of the population in Merbein work as Labourer.
The chart below demonstrates the various levels of education in Merbein.
The chart below demonstrates the various levels of education in Merbein.
Most of the population in Merbein reached a qualification level of Certificate.
Most of the population in Merbein reached a qualification level of Certificate.
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