SOLD
Sold on 30 Oct 2024 for $270,000

2/107-109 Commercial Street
Merbein VIC 3505

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 196m2
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Property Details for 2/107-109 Commercial St, Merbein

2/107-109 Commercial St, Merbein is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 196m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Merbein in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
90m2
Land Size
196m2
Local Government
Mildura
Lot/Plan
2/PS508963

Last Listing description (July 2015)

Terrific two bedroom unit situated opposite Fishers supermarket in the middle of town.
Offering built in robes & ceiling fans, open plan living area with reverse cycle split heating/cooling & kitchen with electric stove. Outside is a single lock up carport, garden shed, pop up sprinklers & manicured lawns/gardens. An inspection will impress

Property History for 2/107-109 Commercial St, Merbein, VIC 3505

A timeline of how this property has performed in the market
Last Sold
$270,000
30 Oct 2024
Listed for Rent
$200/w
09 Jul 2015
  • 30 Oct 2024
    Sold for $270,000
  • 22 May 2015
    Listed for Rent $200 / week
  • 27 Feb 2004
    Sold for $57,035

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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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