Question 1

Is Merricks North a nice place to live?

Accepted Answer

Merricks North is a distinctly country pocket on the Mornington Peninsula hinterland, set among rolling hills, native bush and small-scale farms. The suburb is dominated by rural-residential properties, hobby farms, horse paddocks and renovated country cottages on generous blocks, with quiet country lanes and views over nearby vineyards and orchards. There is limited retail in the immediate area, so residents typically use nearby village centres and generally travel by car to reach beaches, wineries and larger towns.

With 423 residents and a median age of 54, the community is weighted towards couple households — couple families without children are the largest group (50.8%) and together with couple families with children make up about 88.9% of families. Most homes are owner-occupied (87.7%) and median household income is $2,416 a week. The suburb is covered by the shire’s planning framework, with the Merricks North Orchard Group precinct heritage-notable, and a proposed replacement telecommunications monopole is progressing through approvals. It will suit people seeking a semi-rural, low-density lifestyle and larger blocks who are comfortable driving for shops and services.

Question 2

Is it expensive to live in Merricks North?

Accepted Answer

There haven't been enough recent property sales or rentals in Merricks North to publish reliable price and rent figures, so it isn't possible to describe how expensive it is to live here compared with local incomes. Only the local household income recorded at the most recent Census is available, and that alone doesn't give a clear picture of housing costs.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Merricks North a good place to invest?

Accepted Answer

There haven't been enough recent sales or rent records in Merricks North to publish reliable 12-month figures for house and unit values or rents. Without those figures, there isn't a clear picture of how the suburb has performed as an investment over the past year.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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