167 Commercial StreetMerbein VIC 3505
Property Details for 167 Commercial St, Merbein
167 Commercial St, Merbein is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 605m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in April 2019.
Last Listing description (March 2020)
Are you a first home buyer looking for an affordable home with space and quality close to all amenities or alternatively looking to secure an excellent investment opportunity, the likes of which are rarely offered? This superbly presented home has a long list of features including four bedrooms, study, polished floorboards, all new interior, the transformation is completed for you to step in and enjoy. A central kitchen with plenty of cupboard and bench space, meals area enjoying a wood heater, large lounge boasting a split system air con, separate laundry, large covered outdoor entertaining area, separate studio/bungalow or fifth bedroom/granny flat with shower and low maintenance landscaped gardens. Affordable living never looked so good boasting many must have features, this is a home that requires the astute buyer to inspect without fail.
Property History for 167 Commercial St, Merbein, VIC 3505
- 27 Apr 2019Sold for $250,000
- 21 Feb 2019Listed for Sale $239,000 - $262,900
- 30 May 2017Sold for $80,000
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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 1,584 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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