407 Fifth StreetMerbein VIC 3505
Property Details for 407 Fifth St, Merbein
407 Fifth St, Merbein is a 4 bedroom, 2 bathroom House and was built in 2008. The property has a land size of 1611m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (July 2023)
Welcome to easy-care living on approximately 1/2 an acre. Here we have it - a young 13 year old home, featuring 4 bedrooms, the master with ensuite and WIR, the other 3 bedrooms have built-in robes and are serviced by the family bathroom. The shed will impress those with a few cars or who want to park the boat and caravan. Complete with a mezzanine floor, lights and power, it is approximately 13 x 15 metres with extra high doors and 200ml concrete floor. The separate studio will be a drawcard for the teenagers of the house or a perfect space to work from home or house the guests.
Other features include wrap-around verandahs, beautiful gardens, reverse cycle heating and cooling and 1.5 megs of water.
Property History for 407 Fifth St, Merbein, VIC 3505
- 31 May 2023Sold for $515,000
- 24 Apr 2023Listed for Sale $500,000 - $550,000
- 20 Mar 2019Listed for Sale $395,000 - $434,500
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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 1,584 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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