3 Waterwheel CrescentMerbein VIC 3505
Property Details for 3 Waterwheel Cres, Merbein
Last Listing description (November 2023)
* With Stage 1 almost completely sold out this is your opportunity to grab this lot with its title
* It's a good proportioned lot of 564m2 (approx.) in size and has all the services available
* Close to sporting parks, walking trails and the mighty Murray River
* It has the Merbein P-10 School on it's doorstep
* And is a short drive to the Lake Primary School
* Whilst still being only 8 minutes to the Mildura CBD
Property History for 3 Waterwheel Cres, Merbein, VIC 3505
- 25 Mar 2024Sold for $120,000
- 21 Apr 2023Listed for Sale $125,000
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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 1,593 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.
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