124 Fifth StreetMerbein VIC 3505
Property Details for 124 Fifth St, Merbein
Last Listing description (May 2021)
Wonderful opportunity to purchase on a walk-in walk-out basis is this fully established crop-producing farm made up of approx. 10 acres Pistachio trees and approx. 5.5 acres Jujube trees all under drip irrigation (AUL of 57.1 megs - also includes this season's and next season's allocation) - Includes massive shed incorporating sorting room, work areas, tea room, office, toilet & shower, greenhouse, near new self-contained cabin - extras include full plant & equipment, second pickers shower & toilet - INSPECTION A MUST TO APPRECIATE ALL THAT IS ON OFFER!
Property History for 124 Fifth St, Merbein, VIC 3505
- 21 Jan 2021Sold for $525,000
- 16 Oct 2020Listed for Sale $485,000 - $525,000
- 23 Apr 2008Transferred
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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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