12 Third StreetMerbein VIC 3505
Property Details for 12 Third St, Merbein
12 Third St, Merbein is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 613m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (April 2021)
Offering ideal rental returns, investors take note. Recently repainted and re carpeted throughout, this will presented 3 bedroom home is priced to sell fast. Positioned in a central Merbein location is this weatherboard home offering a practical floorplan consisting of the formal lounge and meals area of the functional kitchen. Other features include evaporative cooling and gas heating, single carport, single garage, garden shedding, low maintenance yard and side and rear lane access. Currently leased at $220 per week.
Property History for 12 Third St, Merbein, VIC 3505
- 30 May 2023Sold for $295,000
- 02 Apr 2021Sold for $155,000
- 25 Mar 2021Listed for Sale $149,000 - $163,900
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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 1,583 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.
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