Merriwa

POSTAL CODE: WA, 6030
HOUSE

Property investors have seen a 5.58% gain in MERRIWA based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on MERRIWA, 6030 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 15.3%.

Based on its average 5-year and quarterly capital gains MERRIWA, 6030 saw average growth in the long term.

The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $776,000

Profits averaged 25.33% per annum over a 3-year period, due to an upward trend in home prices in MERRIWA, 6030.

This means, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

The gross rental yield in MERRIWA, 6030 is 4.36%.

An average of 6.58 real estate transactions take place per month in MERRIWA which translates to 79 per annum.

Surburb overview

Merriwa is a coastal suburb in the City of Wanneroo in Western Australia, approximately 36 kilometres north of Perth's central business district. It covers an area of about 2.3 square kilometres and borders Butler to the north, Ridgewood to the east, Quinns Rocks to the west, and Clarkson to the south. 

As of the 2021 census, Merriwa had a population of 5,489 residents, with a median age of 33. The community comprises a mix of families, professionals, and retirees, contributing to a diverse demographic profile. 

Public transportation in Merriwa includes several bus routes connecting to the Joondalup Line via Clarkson and Butler railway stations, facilitating access to Perth and surrounding areas. Major bus routes serving the suburb include 480, 482, and 483. 

The suburb offers essential amenities, including the Merriwa Plaza Shopping Centre, which features a variety of stores such as a supermarket, pharmacy, and dining establishments. Residents can access the Ocean Keys Shopping Centre in Clarkson for more extensive shopping needs. Educational facilities within Merriwa include Merriwa Primary School and Merriwa Education Support Centre, catering to students from kindergarten to year six. Secondary education options are available in neighbouring suburbs, with students attending Clarkson Community High School or Butler College. 

Recreational activities highlight Merriwa, notably the numerous parks and green spaces such as Addison Park and Dalvik Park, which offer playgrounds, sports fields, and community centres. The suburb is also home to the Jenolan Way Community Centre, providing programs and facilities for community engagement. Additionally, the nearby coastline offers easy access to beaches like Quinns Beach, famous for swimming and picnicking. 

Merriwa's combination of suburban tranquillity, accessibility, and community amenities contributes to its reputation as a desirable suburb within the Perth metropolitan area. 

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