Property Details for 1 Commercial St, Merbein
1 Commercial St, Merbein is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in October 2012.
Last Listing description (December 2025)
Rock Solid in the Heart of Merbein!
A closely held block of units, located in Central Merbein, is now on the market.
The four (4) solid brick units are all on the one Title, on an allotment of 1207 M2.
Each unit is in very good order, currently, fully tenanted for at least 12 months and have two bedrooms and one bathroom. They are currently leased at $285 per week to excellent tenants.
The current rental appraisal for each unit is $295 - $315 per week.
Based on the asking price range that is a 5% return on investment, (better than bank interest), plus ongoing capital gain.
This blue-chip investment, in a fast growing town that has attracted a lot of attention from investors for good reason, represents excellent investment value.
The asking range is $1.2 M to $1.32M.
All enquiries to be directed to John Fumberger on 0408 147 001.
Property Code: 681
Property History for 1 Commercial St, Merbein, VIC 3505
- 11 Sep 2025Listed for Sale $1,200,000 to $1,320,000
- 31 Oct 2012Listed for Sale $169,500
- 12 Oct 2012Listed for Sale Not Disclosed
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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 2016 was 2713 people. By 2021 the population was 2770 showing a population growth of 2.1% in the area during that time. The predominant age group in Merbein is 60-69 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 community and personal service occupation.In 2021, 73.50% of the homes in Merbein were owner-occupied compared with 71.50% in 2016.
Merbein has 1,619 properties. Over the last 5 years, Houses in Merbein have seen a 93.24% increase in median value, while Units have seen a 70.58% increase. As at 30 November 2025:
- The median value for Houses in Merbein is $441,424 while the median value for Units is $347,111.
- Houses have a median rent of $475 while Units have a median rent of $195.
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