415 Fifth StreetMerbein VIC 3505
Property Details for 415 Fifth St, Merbein
415 Fifth St, Merbein is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 17426m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (January 2014)
Lifestyle Property with Income
Well known locally as The Ponderosa and owned by the Cartwrights for 37 years, this is a terrific opportunity to acquire a well managed lifestyle citrus property. Covering 17.5 acres (7.03 hectares) there are two titles and 15acres (approx) of citrus which consistently provides an extremely worthwhile income. The very comfortable and tastefully renovated 3 bedroom conite home is nestled amongst shady trees and landscaped gardens. Other features include7.6 megs of water, good shed, low level and overhead sprinklers with electric pump and a/g pool. Additional water and working plant available if required.Property Code: 92
Property History for 415 Fifth St, Merbein, VIC 3505
- 27 Jul 2018Sold for $120,000
- 03 Feb 2014Sold for $369,000
- 11 Oct 2013Listed for Sale Not Disclosed
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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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