SOLD
Sold on 05 Mar 2024 for $260,000

3/107-109 Commercial Street
Merbein VIC 3505

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 196m2
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Property Details for 3/107-109 Commercial St, Merbein

3/107-109 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 87m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Merbein in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
87m2
Land Size
196m2
Local Government
Mildura
Lot/Plan
3/PS508963

Last Listing description (April 2024)

* Locations dont get much more central than this, with all the amenities of Merbein at the end of the driveway
* This attractive unit is situated at the back of this lovely group of 5 and has the bonus of rear lane access into the carport
* It has a bright open living and meals leading through a sliding door to the low maintenance backyard

* There is a neat kitchen with dishwasher, split system and built in robes to both bedrooms
* This is a great opportunity for either the investor or those wishing to downsize

Upon arrival at all Open Inspections you will be required to present photo identification.
Please contact our office if you would like more information.

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Property History for 3/107-109 Commercial St, Merbein, VIC 3505

A timeline of how this property has performed in the market
Last Sold
$260,000
05 Mar 2024
  • 05 Mar 2024
    Sold for $260,000
  • 06 Feb 2024
    Listed for Sale $250,000-$275,000
  • 11 Jul 2023
    Listed for Sale Not Disclosed
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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 1,583 properties. Over the last 5 years, Houses in Merbein have seen a 81.18% increase in median value, while Units have seen a 67.32% increase. As at 31 August 2024:

  • The median value for Houses in Merbein is $337,257 while the median value for Units is $275,627.
  • Houses have a median rent of $350 while Units have a median rent of $195.
There are currently 20 properties listed for sale, and 1 property listed for rent in Merbein on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Merbein.

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