Merton (postcode 3715) is a quiet locality in Victoria within the Mansfield local government area. It is home to about 216 residents, with an older-leaning population and a median age of 53. Households earn a median income of $57K per year, with an average household size of 2.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.9% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, community & personal service. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $550. The median monthly mortgage repayment is $1,500.
Public transport access includes 2 bus stops. The crime rate in the Mansfield LGA is below average at 3,664 incidents per 100,000 population.
Looking at the investment signals, Population growth of +1.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.