1/4 Omega StreetMerrijig VIC 3723
Property Details for 1/4 Omega St, Merrijig
Last Listing description (August 2017)
This versatile property generated well over $20,000 income in the last financial year and is in immaculate condition with all furnishings and quality linen included in the sale.
*4 self contained apartments offering great flexibility for family, friends and paying guests
*Each apartment has its own kitchen, bathroom and reverse cycle air-conditioning unit
*Even in peak snow season you could stay in one and still collect rental on the others
*Facilities include in ground pool, floodlit tennis courts and winter bus service to Mt Buller
*Walking distance to two hotels and an easy 15 minute drive to Mansfield High Street
*Endless activities within easy reach include fishing in the sparkling Delatite River
*Horse riding in the rolling hills, Mountain Bike riding on the recently opened Epic Trails
*And of course snow sports at Mt Buller or Mt Stirling during the winter months
*The district now has well over 1 million visitors each year with events throughout the year
*Why not invite your friends and family to stay and explore the beautiful High Country?
Property History for 1/4 Omega St, Merrijig, VIC 3723
- 06 Mar 2024Sold for $480,000
- 02 Aug 2017Listed for Sale $245,000
- 28 Jul 2017Sold for $230,000
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0About Merrijig 3723
The size of Merrijig is approximately 157.3 square kilometres. It has 1 park covering nearly 46% of total area. The population of Merrijig in 2011 was 705 people. By 2016 the population was 539 showing a population decline of 23.5% in the area during that time. The predominant age group in Merrijig is 10-19 years. Households in Merrijig are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrijig work in a professional occupation. In 2011, 67.6% of the homes in Merrijig were owner-occupied compared with 73.4% in 2016.
Merrijig has 542 properties. Over the last 5 years, Houses in Merrijig have seen a 90.52% increase in median value, while Units have seen a 106.66% increase. As at 31 October 2024:
- The median value for Houses in Merrijig is $905,746 while the median value for Units is $623,658.
- Houses have a median rent of $500.
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