197 Commercial StreetMerbein VIC 3505
Property Details for 197 Commercial St, Merbein
197 Commercial St, Merbein is a 3 bedroom, 1 bathroom House and was built in 1945. The property has a land size of 733m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (November 2020)
* With good blocks close to the centre of town a rarity, this maybe the opportunity you've been looking for
* The flat allotment is approximately 733m2 in size
* Currently a very dilapidated dwelling is in the centre of the block
* Its just waiting for a new owner to come along and build a new home
* Contact Ben or Shaun to discuss options
Property History for 197 Commercial St, Merbein, VIC 3505
- 28 Sep 2020Sold for $87,000
- 04 Sep 2020Listed for Sale $90,000
- 12 Sep 1995Sold for $42,000
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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 1,583 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.
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