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Lot 243 - Mernda Rise - Mernda

Mernda, Melbourne, VIC, 3754

$ 755,000

Build Complete
Mernda, Melbourne, VIC, 3754
House and Land Investment Property in Mernda, VIC (3.72% Yield) | Aus Investment Properties - Photo 1
House and Land Investment Property in Mernda, VIC (3.72% Yield) | Aus Investment Properties - Photo 2

Property Images

House and Land Investment Property in Mernda, VIC (3.72% Yield) | Aus Investment Properties - Photo 1 House and Land Investment Property in Mernda, VIC (3.72% Yield) | Aus Investment Properties - Photo 2
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 168

Details

Updated on Sep 26, 2026

Property Type: House and Land
Secondary Type: SMSF
Price: $ 755,000
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 540
Gross Per Annum: $ 28,080
Gross Yield: 3.72%
Capital Growth 12 Months: 8.40%
10Yr Annualised Growth: 8.60%
Vacancy Rate: 1.28%
Property Size: 168 m2
Land Area: 336 m2
Bedrooms: 4
Bathrooms: 2
Parking: 1
Title Status: N/A
Property ID: 35700
SKU: 1001

Description

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Mernda is a growing suburb located about 26 km north-east of Melbourne’s CBD in the City of Whittlesea, Victoria, with postcode 3754. Originally a rural township, Mernda has transformed into a major residential growth area while still retaining some semi-rural character on its outskirts. It is popular with families and first-home buyers because it offers newer housing estates, parks, and community facilities at a more affordable price than many inner and middle Melbourne suburbs.

Local amenities in Mernda continue to expand as the population grows. Residents have access to community centres, medical clinics, sporting facilities, playgrounds, and walking trails, including areas around the Mernda and Plenty Valley parklands. The suburb has several supermarkets, cafes, restaurants, and everyday services, while larger retail and entertainment options are available nearby in South Morang and Epping.

Shopping is centred around Mernda Junction Shopping Centre and nearby local retail precincts, which provide supermarkets, specialty stores, dining options, and essential services. For more extensive shopping, residents commonly travel to Westfield Plenty Valley in South Morang.

Education is a strong feature of the suburb, with a number of government and private schools serving the area, including Mernda Primary School, Mernda Central College, and other nearby primary and secondary schools. Childcare centres and early learning services are also widely available, making the area attractive to young families.

Transportation is one of Mernda’s key advantages. Mernda railway station is the northern terminus of Melbourne’s Mernda train line, providing direct rail access to the CBD. The suburb is also served by several bus routes connecting to surrounding suburbs and shopping centres, and road access is available via Plenty Road and connecting arterial roads, making commuting by car relatively convenient for Melbourne’s northern corridor.

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 243 - Mernda Rise - Mernda
City Melbourne
State VIC
Postcode 3754
Suburb Mernda
Region Melbourne

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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