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Investment Property Merbein, VIC, 3505

Suburb Snapshot

Merbein is a suburb in the Mildura Region of Victoria. Merbein has a population of 2,716 people and 20.47% of its occupants live in rental accommodation. The median listing price for houses is $389,000 and this has changed 34.13% over the past year and changed 25.48% over 2 years.

The median rent in Merbein for houses is $350 per week and the median rental yield is 4.67%. Stock on the market for houses/townhouses has changed 43.75% compared to last year and the average time to sell a house/townhouse is 43 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Merbein is NA per week, producing a rental yield of NA.

Supply & Demand in Merbein, Mildura

0.22%

Current vacancy rate


3

Rental stock available


2,716

Population


20.47%

Rental population


0.78%

Current vacancy rate


217

Rental stock available


53,870

Population


26.10%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Merbein, Mildura

  House Townhouses Units
Median listing price $389,000 NA NA
Median price change - last quarter 2.70% NA NA
Median price change - 1 year 34.13% NA NA
Median price change - 2 years 25.48% NA NA
  House Townhouses Units
Median weekly rent $350 NA NA
Median yield % 4.67% NA NA
Median rent change - 1 year -4.11% NA NA
  House Units
Previous month sales 11 0
Stock on market previous month 23 0
Stock variance vs. last year 43.75% 0.00%
Average days on market 43 NA

Merbein investment property listings

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