Merricks Beach

MERRICKS BEACH, VIC 3926 is a small coastal suburb with a population of 157 residents. The age demographics are diverse, with a significant portion aged 65 or over. The median household income weekly is $1,465, and there is a mix of occupations with managers and professionals being the predominant groups. The suburb has a good balance of residents commuting by motor vehicle and working from home. For House investments in MERRICKS BEACH, the suburb presents an opportunity for renovators given the high saleprice IQR ratio. The median growth rate has seen a decline, but there is a potential for long-term growth based on historical trends. With low stock on the market and a slight decrease in the resident population, investors should consider the unique market conditions before making investment decisions. MERRICKS BEACH, VIC 3926 offers a relaxed coastal lifestyle with a small population. The suburb has potential for property investors, especially for those interested in house renovations. Homebuyers looking for a quiet coastal retreat may find this suburb appealing, considering the median household income and the predominance of managers and professionals in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022