SOLD
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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.

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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 1,584 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.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Merbein on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Merbein.

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