176 Commercial StreetMerbein VIC 3505
Property Details for 176 Commercial St, Merbein
176 Commercial St, Merbein is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 1012m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
If you're seeking an affordable step in the property market; this is the one for you.
3 bedrooms surround a central kitchen/dining area and adjacent lounge room which is perfect for the family. Your fully fenced 1012m2 allotment is accessible from both Commercial Street at the front and Pettitt Lane at the rear.
Making for the perfect investment, this property is fully compliant with current regulations, with a fixed-term lease in place until 24/07/24 paying $225 per week.
Property History for 176 Commercial St, Merbein, VIC 3505
- 24 Aug 2023Sold for $205,000
- 27 Jun 2023Listed for Sale Not Disclosed
- 24 Sep 2011Listed for Rent - Price not available
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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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