8 Obryan StreetMerbein VIC 3505
Property Details for 8 Obryan St, Merbein
8 Obryan St, Merbein is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 647m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in April 2019.
Last Listing description (May 2019)
Investors this is the one, character, charm and a tenant that wants to stay, and has confirmed with me they will sign a new 2 year lease with the new owner as they don't want to move as its been home for the past 9 years.
First home owners, don't be shy this is the perfect place to start your property journey.
The property offers excellent rear and side access, also comes with an updated bathroom, new air con and plenty of warmth and comfort and truly is a great portfolio addition or first home.
760 sqm allotment
Rental income of $230 per week on periodic lease
Property History for 8 Obryan St, Merbein, VIC 3505
- 06 Apr 2019Sold for $176,000
- 18 Mar 2019Listed for Sale Not Disclosed
- 26 Jul 2004Sold for $128,000
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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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