7 Rainbow StreetMerbein VIC 3505
Property Details for 7 Rainbow St, Merbein
7 Rainbow St, Merbein is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 718m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Merbein in the last 12 months.
Last Listing description (July 2024)
* This weatherboard home offers a unique blend of charm, functionality, and convenience
* Situated in a quiet neighborhood and minutes from the heart of Merbein, this property is ideal if you are looking for peace & quiet lifestyle
* Floorboards feature in the lounge area and the original kitchen is functional and has an upright stove
* Outside you will be impressed with the undercover entertaining space plus a paved area that is the entry to the self contained bungalow with one bedroom and bathroom faciltiles
* Also with genuine side access for easy storage for vehicles or a caravan, plenty of shedding and a fully fenced for privacy
* Make this home yours today, because it's going to go fast
* With a current rental appraisal of $280 - $300 per week
Upon arrival at all Open Inspections you will be required to present photo identification.
Please contact our office if you would like more information.
Property History for 7 Rainbow St, Merbein, VIC 3505
- 30 Jun 2024Sold for $270,000
- 14 May 2024Listed for Sale $265,000 - $285,000
- 09 Jul 2021Sold for $185,000
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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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