2. WA
  3. Merredin

Merredin WA 6415

Houses Units

Here you can find what you need to know about Merredin, WA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$190K Median Sale Price (National Average $485k) 530th In WA
$370pw Median Rent (National Average $395) 369th In WA
10.1% Median Gross Yield (National Average 4.24%) 16th In WA
Properties sold 106
Average discounting -9.81%
Average Days on Market 84
Stock on Market 39 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Merredin, WA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Merredin, WA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Merredin, WA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Merredin


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Merredin, WA 6415

Part of: Merredin Council No data available

The size of Merredin is approximately 249.9 square kilometres. It has 17 parks covering nearly 7.8% of total area. The population of Merredin in 2011 was 2,897 people. By 2016 the population was 2,857 showing a population decline of 1.4% in the area during that time. The predominant age group in Merredin is 20-29 years. Households in Merredin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merredin work in a trades occupation. In 2011, 63% of the homes in Merredin were owner-occupied compared with 60.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Merredin

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Merredin   for Houses in last 12 months


There have been 106 Houses sold in Merredin in the past 12 months with a median sale price of $190K, up annually. It takes on average 61 days to sell with vendor discounting of -9.8%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Merrijig VIC, 3723 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Yarra Glen VIC, 3775 2.52% $815,000 Unavailable Unavailable View Suburb Profile
Peterborough VIC, 3270 Unavailable Unavailable $550pw Unavailable View Suburb Profile
Ebbw Vale QLD, 4304 Unavailable $476,250 Unavailable Unavailable View Suburb Profile
Narrogin WA, 6312 13.04% $260,000 $370pw 7.4% View Suburb Profile
Merrimac QLD, 4226 12.96% $915,000 $770pw 4.4% View Suburb Profile

Currency

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