MERNDA
As the property market shifts, Mernda has solidified its standing as a entry-level enclave, attracting a specific demographic of buyer. The suburb currently holds a median house price of $728k. The area has demonstrated a consistent trajectory, recording a 28% uplift over a five-year window. This data suggests a sustained demand cycle, often driven by infrastructure improvements or shifting buyer preferences.
Lifestyle Profile
As an evolving marketplace, Mernda offers a dynamic streetscape. It is industrious and functional, often characterized by post-war architecture that is currently undergoing a wave of renovation.
The social atmosphere is vibrant and shifting. A wave of younger professionals and young families is moving in, bringing a new energy that is revitalizing local precincts and creating a buzz in the community.
Amenity-wise, the suburb is often a 'convenience hub.' Positioned near major transport corridors or train lines, it prioritizes accessibility to employment centers over luxury retail.
The Demographic Profile
Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $53,515. This places Mernda in a bracket where dual-income households are the norm for mortgage serviceability. It reflects a competitive environment where buyers are likely professional couples or established families.
Education & Catchments
School catchment zones are a primary driver of long-term property demand. The area is serviced by facilities such as Mernda Park Primary School. For many buyers, the presence of local schooling creates a 'village' feel and ensures consistent demand from young families moving into the area.
From a data perspective, Mernda stands out for 'Education Efficiency'. With a Price/ICSEA ratio of $12,763 per point, the suburb offers a statistically attractive entry point for parents prioritizing education relative to property cost.
Market Outlook
Data indicates a robust performance, with 27.6% growth over 5 years. This suggests the area has been 'discovered' by the broader market.
Quick FAQ about Mernda:
- Is Mernda expensive? With a median price of $728k, it is considered a entry level market, often attracting buyers seeking accessible living standards.
- What are the schools like? The catchment for Mernda Park Primary School is a major driver of local demand.
Primary Schools
Mernda Park Primary School
LocalAshley Park Primary School
Laurimar Primary School
Mernda Primary School
LocalHazel Glen College
Wollert Primary School
Mernda Central P-12 College
LocalThe Lakes South Morang College
Secondary / High Schools
Explore Nearby Markets
Local Schools & Maps
Explore primary and secondary schools in the catchment area.
Primary Schools
Secondary Schools
DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.
NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.
DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.