Merrigum, VIC

Postcode 3618  ยท  Gov Data

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Median Price

$272,500

+2.3% this year

Median Rent

$180/wk

$9,360/yr

Gross Yield

3.43%

Below average

Recent Sales

0

last 24 months

Demographics (ABS 2021)

Population
679
Median HH Income
$53,560/yr
Median Age
47
Renter %
32%
Owner-Occupied %
68%

Investment Snapshot

20% Deposit

$54,500

Monthly Mortgage (6.24%)

$1,515

Annual Rental Income

$9,360

Annual Mortgage Cost

$18,180

Estimates only. Assumes 30yr P&I loan, 6.24% rate, 80% LVR. Use full calculator โ†’

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Price data from NSW Valuer General (VIC sales records). Demographics from ABS 2021 Census. Data is for general information only and does not constitute financial advice.