FOR SALE
$550,000

1/3175 Merton-Euroa Road
Merton VIC 3715

Bedrooms: 4
Bathrooms: 1
Car spaces: 6
Land area: 2486m2
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UNDER $550,000 10 MIN FROM BONNIE DOON

Minutes from tourist hot-spot Bonnie Doon and the foreshore at Lake Eildon, this 2,486.3 m2 (half acre) with 3 bedroom brick veneer home and shedding is the best buy for an investor or first home buyer.
Flat land, an easy trip to the Hume via Euroa, or Melbourne by Maroondah Highway, the property is 23 min to Mansfield and 28 min to Yea. It is 7 min to Bonnie Doon / Lake Eildon by car, and only 30 min (10 km) by bicycle along the famous Great Victorian Rail Trail. The V/Line Euroa is 39 min drive.
The home is a sturdy 3 bedroom brick veneer home with built-in robes, large living room and kitchen, and additional self-contained studio dwelling or 4th bedroom. It is supposed like mains power and solar panel system, and enjoys 14 m x 8 m shed, 4 bay open shed and wood heating and reverse cycle air conditioning. It would make an ideal rental, or can be easily renovated to improve value as a principal place of residence.
At a time when the median house price in Murrindindi Shire is $750,000 (REIV), do not pass up this opportunity to set yourself up for the future. Text MERTON to 0448 820 022.
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Property Details for 1/3175 Merton-Euroa Rd, Merton

1/3175 Merton-Euroa Rd, Merton is a 4 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 2486m2. The place is currently for sale with Integrity Real Estate.

Building Type
House
Land Size
2486m2

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About Merton 3715

The size of Merton is approximately 119.6 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Merton in 2011 was 303 people. By 2016 the population was 183 showing a population decline of 39.6% in the area during that time. The predominant age group in Merton is 60-69 years. Households in Merton are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Merton work in a managers occupation. In 2011, 86.9% of the homes in Merton were owner-occupied compared with 91.2% in 2016..

Merton has 239 properties. Over the last 5 years, Houses in Merton have seen a 123.59% increase in median value. As at 30 November 2024:

  • The median value for Houses in Merton is $1,614,751.
There are currently 6 properties listed for sale, and no properties listed for rent in Merton on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Merton.

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Rob Verhagen
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