Question 1

Is Merrimu a nice place to live?

Accepted Answer

Merrimu, VIC 3340 is a small semi-rural locality on the outskirts of Bacchus Marsh, known for broad paddocks, hobby farms and low-density residential lots. With 397 residents and a median age of 39, the area attracts people after space for horses, gardens or small-scale agriculture. Everyday needs are met in nearby Bacchus Marsh and regional roads provide links for commuters, while housing is dominated by acreage properties and standalone homes set on larger blocks rather than dense streets.

The community is weighted towards couple families and homes are overwhelmingly owner-occupied (94.3%). A state-led precinct structure plan is being progressed by the Victorian Planning Authority with Moorabool Shire Council; the draft maps provision for housing, education facilities, a retail centre, local parks, roads and drainage and envisages about 8,000 homes and 1,800 local jobs to serve an estimated 24,000 residents. The precinct sits beside Long Forest Conservation Reserve and the Western Freeway.

Question 2

Is it expensive to live in Merrimu?

Accepted Answer

Merrimu hasn't had enough recent sales or rentals to publish reliable house or unit prices or typical rents. Without those market figures, there isn't a clear picture of how expensive it is to live in Merrimu compared with what local households earned at the last Census.

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 Merrimu a good place to invest?

Accepted Answer

There haven't been enough recent sales in Merrimu to publish reliable 12-month figures for house and unit values or rents. Because of that, 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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