4/126 Commercial StreetMerbein VIC 3505
Property Details for 4/126 Commercial St, Merbein
4/126 Commercial St, Merbein is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 225m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (March 2020)
This property ticks the box for location in an area with so many facilities close by, including schools, main street shopping, parks, medical facilities and supermarket. Low maintenance and located right in the heart of town, you can literally walk to the butcher or supermarket on the same block. This two-bedroom unit will make the perfect home or investment opportunity with a projected rental income of $260 per week. Superbly presented throughout boasting separate lounge, a spacious kitchen with quality appliances and plenty of cupboard space, two bedrooms with BIR's and ceiling fans, separate laundry, bathroom with very generous cupboards, awnings on all windows, garden shed and secure fencing. Relax in the low maintenance paved outdoor entertainment area, where you reap the rewards of rear lane access to your private lockup carport. Downsizers think to the future, rent out now and move in later when it is time to downsize. This a must see/buy, with only ever one owner occupying this home it will be here today and gone tomorrow, make your enquiry now!
Property History for 4/126 Commercial St, Merbein, VIC 3505
- 11 Nov 2019Sold for $211,000
- 01 Nov 2019Listed for Sale $195,000 - $214,000
- 07 Oct 2005Sold for $56,577
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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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