Mernda Villages new land release

Mark Bryson - Wednesday, February 25, 2015



Stockland Mernda Villages has released another stage at Mernda with 6 lots selling on the day of the release. The lots are sized 213m/2 up to 800m/2 with prices starting at $133k to $298k.

Berstan Homes are working with Stockland and have packages including land starting at $289,500k up to the Astoria32 on 800m/2 coming in at $618k.

An average 400m/2 lot is selling for $195k which is comparable to most estates in the Mernda area. Berstan Homes and Stockland have house and land packages with an average price  for a 3 x bedroom home $380k.

Mernda Villages has got the advantage over the surrounding estates by having the convenience of shopping and schools within the estate. 

Mernda Villages has an annual growth of 5.4% and a rental yield of 4.45%.