OFF MARKET

2/4 Omega Street
Merrijig VIC 3723

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 108m2
Land area: 101m2
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Last updated 11 Nov 2024
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Property Details for 2/4 Omega St, Merrijig

2/4 Omega St, Merrijig is a 3 bedroom, 2 bathroom Unit and was built in 1978. The property has a land size of 101m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
1978
Floor Size
108m2
Land Size
101m2
Local Government
Mansfield
Lot/Plan
2/PS516121

Last Listing description (November 2024)

Nestled in the heart of picturesque Merrijig, 'Redgum' is a fully furnished, three-bedroom, two-bathroom standalone apartment, ideal for a holiday retreat. Light, bright and located within the individually-owned and holiday-let, Delatite Apartments, this property has enviable tourism potential.

With resort-style facilities available in the complex, guests can unwind after a snow day in the mountains, horse riding, mountain biking, boating, fishing or hiking to have a hit on the tennis court, a splash in the pool or a barbecue on the deck with mountain views as your backdrop! Currently run as a lucrative holiday rental with an excellent annual return, you have the option of staying or earning extra income while you're not there.

More to love:

- Spacious open-plan living and dining area
- Abundant natural light from full-height windows
- Outdoor terrace with a BBQ
- Modern, well-appointed kitchen
- Master bedroom with WIR and en-suite
- Separate zoned bedrooms
- Large family bathroom
- Newly re-stumped
- New deck and carpet in the back 2 rooms
- Deck with breathtaking views of Delatite River and Mount Buller

Across from the iconic Hunt Club Hotel and the Merrijig Motor Inn, while just 15 minutes to Mansfield, 21 to Lake Eildon and 35 minutes to Mt Buller and Mt Stirling.

Property History for 2/4 Omega St, Merrijig, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$230,000
11 Sep 2017
  • 19 Nov 2024
    Listed for Sale $410,000
  • 31 May 2024
    Listed for Sale $495,000
  • 11 Sep 2017
    Sold for $230,000
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About 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.
There are currently 19 properties listed for sale, and 1 property listed for rent in Merrijig on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Merrijig.

Suburb Insights for Merrijig 3723

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.