SOLD
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Sold on 21 Oct 2024 for $290,000

195 Commercial Street
Merbein VIC 3505

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 706.94m2
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Property Details for 195 Commercial St, Merbein

195 Commercial St, Merbein is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 706.94m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Merbein in the last 12 months.

Building Type
House
Land Size
706.94m2

Last Listing description (October 2024)

How good is the position! Don't stress about having to drop the kids to school, literally open the door and wave them goodbye! Even better, you know they only have to cross the road and they're home safe - the convenience in position can't get much better than that!

This classic home, wrapped in a weatherboard cladding facade, offers convenience for young families and will attract investors for the same reasons. Renovated internally with a modern kitchen & bathroom, designed with a formal lounge space, separate meals area and three bedrooms plus study (or small fourth bedroom).

There is plenty of car accommodation space and at the affordable price for first home buyers this one provides a great opportunity to enter the market.

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Property History for 195 Commercial St, Merbein, VIC 3505

A timeline of how this property has performed in the market
Last Sold
$290,000
21 Oct 2024
  • 10 Oct 2024
    Sold for $290,000
  • 22 Aug 2024
    Listed for Sale $290,000 - $319,000
  • 01 Aug 2009
    Transferred
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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 1,593 properties. Over the last 5 years, Houses in Merbein have seen a 69.03% increase in median value, while Units have seen a 64.71% increase. As at 30 November 2024:

  • The median value for Houses in Merbein is $337,673 while the median value for Units is $306,357.
  • Houses have a median rent of $350 while Units have a median rent of $195.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Merbein on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Merbein.

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