447 River AvenueMerbein South VIC 3505
Property Details for 447 River Ave, Merbein South
Last Listing description (June 2021)
* Established and well presented 6.87ha (approx.) vineyard planted to 5.66ha (approx.) 3 YO Crimson seedless grafted to Paulson rootstock
* V trellis system and under vine drip irrigation with manual flush valves coupled to 18.5 Kw electric motor, 4 bank sand filters plus fertigation agitator in the irrigation shed plus external fertigation tank
* Fully programable Water Controller, Irrigate in one shift or up to 4 separate shifts
* An exceptional vineyard to add to your existing property portfolio
* Current crop not included in the sale
Property History for 447 River Ave, Merbein South, VIC 3505
- 30 Jun 2023Transferred
- 03 Feb 2021Listed for Sale $650,000
- 04 Mar 1998Sold for $147,000
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About Merbein South 3505
The size of Merbein South is approximately 29.1 square kilometres. It has 3 parks covering nearly 0.8% of total area. The population of Merbein South in 2011 was 586 people. By 2016 the population was 384 showing a population decline of 34.5% in the area during that time. The predominant age group in Merbein South is 50-59 years. Households in Merbein South are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merbein South work in a managers occupation. In 2011, 86.1% of the homes in Merbein South were owner-occupied compared with 84.9% in 2016..
Merbein South has 199 properties. Over the last 5 years, Houses in Merbein South have seen a 27.16% increase in median value. As at 31 October 2024:
- The median value for Houses in Merbein South is $476,950 while the median value for Units is $327,109.
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