Lot 2 Foster Street

Merbein VIC 3505

The size of Merbein is approximately 34.5 square kilometres. It has 7 parks covering nearly 7.1% of total area. The population of Merbein in 2011 was 2,671 people. By 2016 the population was 2,699 showing a population growth of 1.0% in the area during that time. The predominant age group in Merbein is 50-59 years. Households in Merbein are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merbein work in a trades occupation. In 2011, 73.2% of the homes in Merbein were owner-occupied compared with 71.5% in 2016.

Merbein has 1,583 properties. Over the last 5 years, Houses in Merbein have seen a 75.10% increase in median value, while Units have seen a 69.88% increase. As at 31 July 2024:

• The median value for Houses in Merbein is $335,456 while the median value for Units is $273,298.
• Houses have a median rent of $350 while Units have a median rent of $195.