4 Commercial StreetMerbein VIC 3505
Property Details for 4 Commercial St, Merbein
4 Commercial St, Merbein is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 2048m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (October 2023)
This spacious family home is in the perfect location for a growing family, first home buyer or an investor and it is on half an acre of land, perfect for the kids to play backyard cricket. This house is just a short walk to Merbein's Shops, Schools and Kenny Park community reserve. Potential subdivision STCA with either another house or 4x 500m2 block subdivision.
Key Features Include:
- 3 Bedroom
- New split system
- Shed
- 1/2 acre
Property History for 4 Commercial St, Merbein, VIC 3505
- 28 Jul 2023Sold for $298,000
- 23 Jun 2023Listed for Sale $290,000 - $315,000
- 19 Jul 2021Sold for $240,000
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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 1,584 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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