163 Commercial StreetMerbein VIC 3505
Property Details for 163 Commercial St, Merbein
163 Commercial St, Merbein is a 2 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 497m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Merbein in the last 12 months.
Last Listing description (May 2023)
This is your opportunity to secure a 493m2 piece of land in an ideal location.
Located only 350m from the Merbein P-10 School and only 600m from Ritches Supa IGA and the township amenities.
Perfect opportunity to renovate or redevelop.
Property Code: 593
Property History for 163 Commercial St, Merbein, VIC 3505
- 04 Mar 2024Sold for $110,000
- 02 Mar 2023Sold for $105,000
- 19 Jan 2023Listed for Sale $100,000-$110,000
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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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