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Sold on 30 Aug 2024 - Price Unavailable

3 Commercial Street
Merbein VIC 3505

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1077m2
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Property Details for 3 Commercial St, Merbein

3 Commercial St, Merbein is a 3 bedroom, 1 bathroom House. The property has a land size of 1077m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Merbein in the last 12 months.

Building Type
House
Land Size
1077m2
Local Government
Mildura
Lot/Plan
1/TP752982

Last Listing description (August 2024)

What an opportunity to 'value add'! Upon a commanding quarter acre (1077m2) approx allotment is your chance to renovate from the ground up.

With the piece of mind of all asbestos already being professionally removed, the choice is yours to overhaul & refurbish this home, or summon your creativity & flare even more by way of re-building on this spacious allotment whilst you consider the potential to subdivide (STCA), taking full advantage of the rear lane access.

All great things that Merbein has to offer are simply walking distance. Whether you're looking to renovate or detonate, those with vision will be rewarded!

For Sale Now or by Auction Friday 30th Aug 11am.

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Property History for 3 Commercial St, Merbein, VIC 3505

A timeline of how this property has performed in the market
Last Sold
30 Aug 2024
  • 30 Aug 2024
    Sold for $122,000
  • 08 Aug 2024
    Listed for Sale AUCTION
  • 03 Jul 2020
    Listed for Sale $119,000 - $129,900
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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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Luke Hermans
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Ray White Mildura
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