1 River AvenueMerbein VIC 3505
Property Details for 1 River Ave, Merbein
1 River Ave, Merbein is a 1 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 578m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom House sold in Merbein in the last 12 months.
Last Listing description (April 2024)
This superb fully fenced 578m2 (approx.) allotment is ready and waiting for you to develop. Offering a great sized shed with concrete flooring, with power and water connected, spacious living area with a lovely wood fire doubling as a sleepout, plus a practical combined tiled bathroom/ laundry - this is the perfect man cave to watch your favorite footy team play with a BBQ and drinks with friends. Added features include, established gardens with trees and shrubs, including a huge jacaranda tree that is shading the fully fenced spa area. Enjoy this as a weekend getaway, or STCA build your dream home right by the river in the outskirts of Merbein Township and all its facilities.
Property History for 1 River Ave, Merbein, VIC 3505
- 08 Apr 2024Sold for $146,000
- 13 Aug 2023Sold for $87,500
- 03 Dec 2021Sold for $71,500
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0About 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 1,593 properties. Over the last 5 years, Houses in Merbein have seen a 69.03% increase in median value, while Units have seen a 64.71% increase. As at 30 November 2024:
- The median value for Houses in Merbein is $337,673 while the median value for Units is $306,357.
- Houses have a median rent of $350 while Units have a median rent of $195.
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