5 Commercial StreetMerbein VIC 3505
Property Details for 5 Commercial St, Merbein
5 Commercial St, Merbein is a 3 bedroom, 1 bathroom House. The property has a land size of 1076m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Merbein in the last 12 months.
Last Listing description (August 2026)
Positioned on a substantial 1,076sqm (approx.) allotment in the heart of Merbein, this neatly refreshed three-bedroom home presents an opportunity for buyers seeking immediate comfort with future flexibility. Freshly painted throughout, complemented by updated flooring and re-stumping, much of the hard work has already been done, allowing you to move straight in and enjoy. The practical floorplan offers light-filled living spaces, a functional kitchen, generous accommodation and a comfortable, welcoming feel from the moment you step inside. Beyond the home, the expansive backyard provides room to spread out, entertain, improve or simply enjoy the space that's becoming increasingly difficult to find. Set within General Residential Zone 1, the property also offers potential future subdivision opportunities, subject to council approval. Whether you're a first home buyer, owner occupier or investor seeking strong rental appeal with an estimated return of $400-$440 per week, this is a property that combines affordability, presentation and long-term potential in one compelling package.
-Three-bedroom, one-bathroom home on 1,076sqm (approx.)
-Freshly painted throughout, creating a bright and welcoming interior
-Re-stumped, offering important structural improvements
-Comfortable and practical floorplan suited to a range of buyers
-Multiple living spaces providing flexibility for families or entertaining
-Excellent natural light throughout the home
-Expansive backyard with plenty of room for recreation, shedding or future improvements
-General Residential Zone 1 zoning
-Potential subdivision or development opportunities (STCA)
-Attractive investment opportunity with an estimated rental return of $400-$440 per week
-Convenient Merbein location close to local amenities
-A rare combination of immediate comfort, land size and future potential
Property History for 5 Commercial St, Merbein, VIC 3505
- 04 Aug 2026Listed for Sale $410,000 - $450,000
- 27 Feb 2026Sold for $242,000
- 19 Feb 2026Listed for Sale $210,000 - $230,000
Recent sales nearby
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About Merbein 3505
The size of Merbein is approximately 34.5 square kilometres. There are 7 parks, covering nearly 7.1% of the 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 1,653 properties. Over the last 5 years, Houses in Merbein have seen a 71.83% increase in median value, while Units have seen a 65.05% increase. As at 31 July 2026:
- The median value for Houses in Merbein is $454,237 while the median value for Units is $356,607.
- Houses have a median rent of $450 while Units have a median rent of $370.
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