5 Elizabeth St, Merriwa is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 889m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Located in a quiet street with an excellent tenant paying $160 per week this is a cheap positively geared investment. There are 2 big bedrooms, a modern kitchen, lounge/dining with a combustion fire and air con, bathroom and laundry. The home needs a bit of TLC but once completed you will have a solid investment with a long term tenant.
The size of Merriwa is approximately 1,909 square kilometres. It has 17 parks covering nearly 18.8% of total area. The population of Merriwa in 2011 was 1,789 people. By 2016 the population was 1,737 showing a population decline of 2.9% in the area during that time. The predominant age group in Merriwa is 50-59 years. Households in Merriwa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merriwa work in a managers occupation. In 2011, 66.7% of the homes in Merriwa were owner-occupied compared with 64.3% in 2016.
Merriwa has 1,323 properties. Over the last 5 years, Houses in Merriwa have seen a 106.11% increase in median value, while Units have seen a 41.72% increase. As at 31 October 2024:
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