Lot 622 - Barry Lane Estate - Mernda

Description

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Mernda is a rapidly growing suburb located about 26 kilometres north-east of Melbourne’s CBD within the City of Whittlesea. Once a semi-rural area, it has transformed into a popular residential suburb known for its modern housing estates, family-friendly environment, and strong community focus. Mernda offers a range of amenities including Mernda Village and Mernda Junction shopping centres, schools such as Mernda Primary School and Mernda Central P-12 College, childcare facilities, and extensive parklands like Mernda Adventure Park and the nearby Plenty Gorge Parklands. 

The suburb is well connected by the Mernda train line, with Mernda Station serving as the terminus, as well as bus services and major roads such as Plenty Road, making commuting convenient. With its combination of affordable family homes, growing infrastructure, green spaces, and access to public transport, Mernda is a desirable choice for families, first-home buyers, and professionals seeking a suburban lifestyle with ongoing development and future growth potential.

• Property Type: Prestige House & Land
• Property Stage: N/A
• Price: $ 632,900.00
• Land Price: $ 229,000.00
• Build Price: $ 403,900.00
• Beds: 2
• Bath: 2
• Garage: 1
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: HDT 19
• Completion: N/A
• Land Size: 128
• Area Size: 117.50
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 505.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 505.00
• Gross Per Annum: $ 26,260.00
• Gross Yield: 4.15%
• Capital Growth 12 Months: -0.57%
• Capital Growth 10 Year Annualised: 5.64%
• Vacancy Rate: 0.43%