2/44 Commercial StreetMerbein VIC 3505
Property Details for 2/44 Commercial St, Merbein
2/44 Commercial St, Merbein is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 190m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Last Listing description (November 2024)
ITS ADDRESSED:
Discover the practicality and convenience of 2/44 Commercial Street in Merbein, a perfect opportunity for investors, first-time homebuyers, or retirees looking for a manageable living space. Set on a compact 190m2 block, this brick and concrete unit offers a cozy lifestyle in the heart of Merbein, just steps from essential amenities.
This well-kept unit features two bedrooms with built-in robes and a semi-ensuite to the master, providing a functional and straightforward layout. Accompanied by a single-car garage, the home offers secure parking and extra storage space, adding to its appeal.
The property is equipped with a split system air conditioner and an evaporative cooler, ensuring comfort regardless of the season. The interior is well-maintained and designed for ease of living and low maintenance, which is ideal for those looking to streamline their lifestyle.
Currently rented with a lovely tenant under a periodic lease at $230 per week, with a scheduled rental increase to $280 per week starting on 25/09/2024, this unit not only promises immediate rental returns but also potential for future growth in the vibrant Merbein market.
Key Features:
2 bedrooms with built-in robes and a semi-ensuite to the master
Practical and well-maintained living spaces
Single-car garage for secure parking and additional storage
Located conveniently close to Merbeins shops, dining, and public transport
Current tenancy with an upcoming rental increase for a sound investment
Suitable for investors, first-time buyers, or retirees seeking a convenient lifestyle
Seize the opportunity to own a piece of Merbein at 2/44 Commercial Street, where comfort meets convenience in a welcoming community. Contact us today to arrange your viewing and discover why this unit is a wise choice for your next home or investment.
Embrace the simplicity and accessibility of this delightful unit, making everyday living both easy and enjoyable.
Property History for 2/44 Commercial St, Merbein, VIC 3505
- 18 Aug 2024Sold for $207,000
- 26 Jul 2024Listed for Sale $199,000 - $218,900
- 27 May 2021Sold for $145,000
Recent sales nearby
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About 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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