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Sold on 11 Jun 2024 for $247,590

6 Surgey Street
Merbein VIC 3505

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 679m2
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Property Details for 6 Surgey St, Merbein

6 Surgey St, Merbein is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 679m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Merbein in the last 12 months.

Building Type
House
Land Size
679m2
Local Government
Mildura
Lot/Plan
1/TP332294

Last Listing description (June 2024)

Astute investors here is an amazing opportunity to secure the ultimate portfolio booster!

This two bedroom home on 679m² presents great possibilities. Perfectly located next to Our Lady of the Heart Primary School, Kenny Park and only a short stroll to the Merbein shopping precinct, Merbein club and amenities.

The property includes a fully fenced secure 2-car carport with an additional undercover space, perfect for a caravan. Additionally, there is a 6m x 6m shed with concrete flooring and power, ideal for a workshop or extra storage. The updated kitchen features timber benches and provides a functional space for cooking and entertaining.

Currently tenanted to a superb tenant who is willing to stay on, this property offers an exceptional income of $330 per week, making it a very affordable investment opportunity.

Property History for 6 Surgey St, Merbein, VIC 3505

A timeline of how this property has performed in the market
Last Sold
$247,590
11 Jun 2024
  • 28 May 2024
    Sold for $247,590
  • 10 May 2024
    Listed for Sale $240,000 - $264,000
  • 05 Oct 2022
    Sold for $220,000
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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 1,583 properties. Over the last 5 years, Houses in Merbein have seen a 81.18% increase in median value, while Units have seen a 67.32% increase. As at 31 August 2024:

  • The median value for Houses in Merbein is $337,257 while the median value for Units is $275,627.
  • Houses have a median rent of $350 while Units have a median rent of $195.
There are currently 20 properties listed for sale, and 1 property listed for rent in Merbein on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Merbein.

Suburb Insights for Merbein 3505

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Matt Mason
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Kayhla Prestwood
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Barry Plant - Mildura
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.