OFF MARKET

164 Commercial Street
Merbein VIC 3505

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 95m2
Land area: 1315m2
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Property Details for 164 Commercial St, Merbein

164 Commercial St, Merbein is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 1315m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1955
Floor Size
95m2
Land Size
1315m2
Local Government
Mildura
Lot/Plan
2~23A/PP5516

Last Listing description (November 2015)

An affordable opportunity for the first home buyer or investor that should not be missed boasting a huge land area of 1332m2 (approx.) with the added advantage of rear access to Perryman Lane. The comfortable 3 bedroom home enjoys a large lounge, original yet practical kitchen with plenty of cupboard and bench space and adjoining meals/second living area and family size bathroom with separate bath and shower and second toilet. The property is further complimented with a separate laundry and excellent shedding. This is the perfect opportunity to further improve and or subdivide (STCA) and must be sold, owner says sell, grab a bargain!!!

Property History for 164 Commercial St, Merbein, VIC 3505

A timeline of how this property has performed in the market
Last Sold
$270,000
15 May 2023
  • 15 May 2023
    Sold for $270,000
  • 21 Sep 2015
    Sold for $100,000
  • 06 Aug 2015
    Listed for Sale Auction - 19th September 2015 -1pm On Site
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About 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.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Merbein on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Merbein.

Suburb Insights for Merbein 3505

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.