14 Railway AvenueMerbein VIC 3505
Property Details for 14 Railway Ave, Merbein
14 Railway Ave, Merbein is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1193m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (September 2023)
* Great opportunity exists in Merbein for the first home buyer or investor with a little love & care
* Set on a large 1,193 m2 block (approx), the land has subdivision potential (STCA)
* Situated within a short walking distance to the CBD, schools & sporting facilities
* 9 foot ceilings compliment this property with evaporative cooling, 2 x split system & gas heating
* Outdoor entertaining under the rear veranda
* Backyard has a fantastic tradesman shed 25ft x 25ft (approx) & is complete with side access
* All purpose undercover area would suit a caravan or boat (10m x 6m x 12ft high approx)
* Double garage auto doors
* Outside toilet & vanity
* Rental appraisal has been completed $280-$300 (approx) per week
Property History for 14 Railway Ave, Merbein, VIC 3505
- 11 Jul 2023Sold for $305,000
- 05 Jul 2023Listed for Sale Not Disclosed
- 19 Apr 2005Transferred
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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 1,584 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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