FOR SALE
$285,000 - $305,000

Unit 2, 125 Commercial Street
Merbein VIC 3505

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Private and Secure Unit in Merbein

This well-maintained brick veneer unit is conveniently situated within walking distance to the vibrant center of Merbein Township. Boasting a spacious open plan living/dining area, a fully equipped kitchen with electric cooking appliances, two generously sized bedrooms with built-in robes, a bathroom with a shower and vanity, and a private outdoor undercover and paved entertaining area. Additional features include a split system reverse cycle heating and cooling system and a single car garage that provides secure parking. The property is currently leased at $280 per week until October 2025, presenting an appealing investment opportunity.
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Property Details for Unit 2, 125 Commercial St, Merbein, VIC 3505

Unit 2 125 Commercial St Merbein VIC 3505 is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with PRD Real Estate Mildura.

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Unit

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About Merbein 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 1,584 properties. Over the last 5 years, Houses in Merbein have seen a 70.94% increase in median value, while Units have seen a 47.28% increase. As at 31 October 2024:

  • The median value for Houses in Merbein is $330,388 while the median value for Units is $273,545.
  • Houses have a median rent of $350 while Units have a median rent of $195.
There are currently 21 properties listed for sale, and 3 properties listed for rent in Merbein on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Merbein.

Suburb Insights for Merbein 3505

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Carol Foster
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PRD Real Estate Mildura
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.