VIC3058· Pop. 34,906Darebin

MERLYNSTON

MaturePremium-priced suburb — lower upside but defensive and liquid

Investor score

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$1,000,000

VIC Gov · 2025

Rent yield

2.2%

computed from govt data

Annual growth

1.0%

annualised from govt data

Vacancy rate

2.3%

modelled estimate

AI insights for MERLYNSTON

Investment analysis, risks & comparisons

PREMIUM

MERLYNSTON shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$421/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+3.6%

annual shift

Yield × growth index

1.6

combined signal

Net yield (est.)

2.00%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+2.1%

est. compound, long-run avg

10-yr growth (CAGR)

+6.0%

est. compound, long-run avg

Rental demand

49 / 100

Moderate demand

Supply pipeline

Est.

2.5%

new dwellings approved / stock · Modelled estimate

Moderate supply

5-year price history

2020

$899k

2021

$1009k

2022

$1020k

2023

$980k

2025

$1000k

Source: VIC Gov · 2025 · all sources

Market overview

MERLYNSTON is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

Metro VIC suburb with strong infrastructure and transport
Rental yield 2.2% with stable tenant demand
Access to national transport network and amenities

Risk factors

High entry price may limit buyer pool
Below-average growth — limited capital appreciation signal
Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,046/wk

$73k taxable p.a.

Renters

32.6%

64.9% owner-occupier

Median age

37.0 yrs

Unemployment

3.2%

Population growth

+1.5% p.a.

Investor-owned

15.0%

of all dwellings (ATO)

Houses

35%

59% apartments

Degree qualified

47.2%

bachelor's or higher (ABS)

Work from home

30.7%

of employed residents (ABS Census)

Median lot size

210 m²

Compact block

Household size

2.5 persons

avg per dwelling (ABS Census)

Short-term rental

11.5%

Active STR market

Market activity

Distance to CBD

8.2 km

Middle ring

Days on market

25 days

Fast-moving market

Auction clearance

65.2%

Strong demand

Walkability

94 / 100

Walker's paradise

Coastal proximity

4.3 km

Near coast

NBN technology

FTTN

Standard — fibre to node

Population density

12,865/km²

Very dense urban

Schools in postcode 3058

🏫7 Primary🎓3 Secondary📚1 Combined⭐1 Special

ACARA 2025

🏫Primary (7)

Coburg West Primary School

Government · Yrs Prep-6

ICSEA 1147

Coburg North Primary School

Government · Yrs Prep-6

ICSEA 1128

St Bernard's School

Catholic · Yrs Prep-6

ICSEA 1121

St Fidelis' School

Catholic · Yrs Prep-6

ICSEA 1119

Coburg Primary School

Government · Yrs Prep-6

ICSEA 1113

Merri-bek Primary School

Government · Yrs Prep-6

ICSEA 1112

St Paul's School

Catholic · Yrs Prep-6

ICSEA 1097

🎓Secondary (3)

Coburg High School

Government · Yrs 7-12

ICSEA 1099

Mercy College

Catholic · Yrs 7-12

ICSEA 1029

Islamic College of Sport

Independent · Yrs 11-12

ICSEA 989

📚Combined (1)

Australian International Academy of Education

Independent · Yrs Prep-12

ICSEA 1071

⭐Special (1)

Coburg Special Developmental School

Government · Yrs U

ICSEA 1028

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime

52/ 100

8.4 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Above average

1088ICSEA · national avg 1000

12 schools in postcode area

Source: ACARA My School 2025

Transit access

Good

68/ 100

🚆 3 train🚃 4 tram🚌 36 bus

Source: State GTFS feeds

Gentrification signal

/ 100

Moderate momentum

Moderate indicators of demographic change. Young professionals, rising degree rates, and reasonable transit suggest gradual improvement.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

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Location

Properties in MERLYNSTON

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