4/107-109 Commercial StreetMerbein VIC 3505
Property Details for 4/107-109 Commercial St, Merbein
4/107-109 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 201m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (September 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 leading through a sliding door to the paved and low maintenance backyard
* Currently occupied on a fixed term tenancy until the end of May 2022
* Very well cared for it is a great opportunity for either the investor or those wishing to downsize
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Property History for 4/107-109 Commercial St, Merbein, VIC 3505
- 26 May 2022Sold for $240,000
- 05 Apr 2022Listed for Sale $240,000 - $264,000
- 10 Sep 2019Listed for Rent - Price not available
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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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