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Suburb Insights ยท VIC 3916

Merricks 3916, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Merricks is a regional centre in Victoria, Australia, with a population of approximately 184, making it a boutique locality. Located approximately 65 km from the Melbourne CBD, Merricks is a regional area in Victoria. The median household income is $143,000 AUD per year (ABS 2021 Census).

Investment Score

51 / 100 Moderate

Above-average earnings in Merricks support sustained property values. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Merricks, Victoria, Australia.

Key Indicators

Postcode
3916

Official Australia Post postcode for Merricks. A postcode may cover multiple suburbs.

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Population
184

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$258/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$143,000/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
65 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$3,500/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
73% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Merricks serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $258/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $3,500/month. A median household income of $143,000/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Merricks offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Merricks's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Renovation or flip strategies in Merricks face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Merricks property

Full Property Analysis

30-year projections for Merricks

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Price movement in Merricks is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Merricks's 2026 outlook. Merricks offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Merricks a good suburb for investment?

Merricks is a regional area in Victoria with a population of 184. The median rent is $258/week and the median household income is $143,000/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Merricks?

Key demand drivers in Merricks include regional employment hubs, lifestyle, and affordability. 73% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Merricks?

According to the ABS 2021 Census, Merricks has a population of approximately 184. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Merricks from the Melbourne CBD?

Merricks is approximately 65 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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