Merricks Beach
VIC, 3926
-
Mornington Peninsula
Thinking about buying in Merricks Beach? Now could not be a better time, with just 294 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,579,000 with prices in this suburb ranging from $701,000 to $5,880,000. Merricks Beach is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $451.00 |
| Median Monthly Mortgage | $1873.00 |
| Median Persons Per Bedroom | 0.60 |
| Average Household Size | 2.00 |
| Average Age | 60.00 |
| Average Income | $949.00 |
| Average Cars Per Dwelling | 1.85 |
| Average Properties Within 50M | 7 |
Housing Stock
Average Property Prices
| 1 Bed $2,258,000 |
| 2 Bed $1,483,000 |
| 3 Bed $2,082,000 |
| 4 Bed $2,610,000 |
| 5 Bed $2,696,000 |
Merricks Beach Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Merricks Beach due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Merricks Beach provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Merricks Beach requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Merricks Beach we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Merricks Beach a better buying opportunity than it may have been in the past.
Houses for sale Merricks Beach
|
49 merricks beach rd, merricks beach, vic, 3926 |  2 |
 1 |
$1,775,000 - $1,950,000 |
Local Schools
Balnarring Primary School
(While the above schools are located with the suburb of Merricks Beach there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Merricks Beach weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.4 | 13.8 | 24.7 | 46.6 | 86.5 | 3.6 | 24.7 |
| Feb | 1.2 | 14.3 | 25.8 | 44.2 | 86.2 | 3.3 | 20.3 |
| Mar | 1.4 | 13.0 | 23.6 | 46.4 | 87.1 | 3.0 | 15.4 |
| Apr | 2.1 | 10.5 | 20.0 | 52.2 | 89.5 | 2.7 | 11.9 |
| May | 2.4 | 8.4 | 16.7 | 57.8 | 89.3 | 2.9 | 8.4 |
| Jun | 2.4 | 6.4 | 14.3 | 63.7 | 90.3 | 2.6 | 7.2 |
| Jul | 2.0 | 6.2 | 13.7 | 61.4 | 88.7 | 3.1 | 7.4 |
| Aug | 2.2 | 6.8 | 14.6 | 55.4 | 87.9 | 3.5 | 10.2 |
| Sept | 2.4 | 7.8 | 17.2 | 49.7 | 88.6 | 3.5 | 14.4 |
| Oct | 2.2 | 9.1 | 19.1 | 49.8 | 88.7 | 3.4 | 19.2 |
| Nov | 2.1 | 11.0 | 21.1 | 50.6 | 88.6 | 3.2 | 22.4 |
| Dec | 2.0 | 12.4 | 23.4 | 48.1 | 88.0 | 3.4 | 26.4 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Leawarra - Greater then 10KM
Somerville - Greater then 10KM
Tyabb Station - Greater then 10KM
Tankerton Jetty - Greater then 10KM
Bittern Station - Less than 10 KM
Cowes Jetty - Greater then 10KM
Moorooduc - Greater then 10KM
Mornington - Greater then 10KM
Hastings - Greater then 10KM
Stony Point Pier - Greater then 10KM
General Points of Interest
Cerberus Golf Club - Less than 10 KM
Sunny Ridge Strawberry Farm - Less than 10 KM
Hastings Pony Club - Less than 10 KM
Cerberus Golf Club - Less than 10 KM
Coolart Historic Homestead - Less than 5 KM
Rockpools - Less than 1 KM
Red Hill Bike Park - Less than 10 KM
Red Hill Estate - Less than 10 KM
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