Average rent in Mernda - South, VIC — 2026

Mernda - South sits close to the Victoria median, with renters typically paying $390/week — within striking distance of the state-wide $363/week baseline (ABS Census 2021). The suburb is largely owner-occupied: 71% of households own outright or with a mortgage, and only 27% rent. Housing stock is dominated by separate houses (95%), giving the suburb a settled, family-oriented character that's reflected in the median age of 32 and a population of around 11,940. The most common occupation is Professionals, and 36% of residents were born overseas. 25km from Melbourne, Mernda - South is the kind of mid-market suburb that usually sees stable rent trajectories rather than rapid spikes — though state rent indices since 2021 are worth checking against your reported figure above.