233 Commercial StreetMerbein VIC 3505
Property Details for 233 Commercial St, Merbein
233 Commercial St, Merbein is a 4 bedroom, 1 bathroom House with 5 parking spaces and was built in 1975. The property has a land size of 2052m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (March 2023)
The dream family home without breaking the budget awaits with this rock-solid retro style home ripe for minor works to rejuvenate to a modern masterpiece and call the family ranch for decades.
Situated on a fantastic 2000+ sqm easement free allotment with rear lane access, this property has the ability to become a future development site for multiple homes or a large unit complex.
With council approval, let your imagination run wild.
The home is in great order, with excellent heating and cooling options, solar system, five car garage and workshop so you can collect good rent whilst town planning takes place.
Or just settle in and call this one home sweet home and give the family the space they deserve and of course room for that massive shed you've always wanted.
This is without doubt one of the best property opportunities in the district with the buyer set for nothing but future property prosperity.
Property History for 233 Commercial St, Merbein, VIC 3505
- 25 Mar 2023Sold for $390,000
- 02 Mar 2023Listed for Sale Auction onsite 11am Saturday 25th of March
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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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