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20 Foster Street,
Merbein VIC 3505

This property is Off Market

All about Merbein Homes for sale in Merbein

The Average property price in this area is $445,900, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 311.05 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

PRD 6 CROSBIE PL, $108,000 Beds - Baths - Parking Within 0.1 km PRD 9 HOCKING CT, $114,000 - $125,000 Beds - Baths - Parking Within 0.2 km OneAgency 15 HOCKING CT, $125,000 - $135,000 0 Beds - 0 Baths - 0 Parking Within 0.2 km OneAgency 13 MURRAYVIEW CT, $649,000 - $713,900 3 Beds - 2 Baths - 2 Parking Within 0.3 km PRD UNIT 2, 125 COMMERCIAL ST, Under Offer 2 Beds - 1 Baths - 1 Parking Within 0.3 km OneAgency 46 BOX ST, $449,000 - $493,000 3 Beds - 2 Baths - 2 Parking Within 0.7 km Professionals 54 MAIN AV NORTH, For Sale by Auction 3 Beds - 1 Baths - 1 Parking Within 0.8 km Ray White 37 FRASER DR, 199000 0 Beds - 0 Baths - 0 Parking Within 1.4 km OneAgency 158 SECOND ST, $285,000 0 Beds - 0 Baths - 0 Parking Within 2.1 km Ray White 611 PASCHENDALE AV, 399000 3 Beds - 1 Baths - 1 Parking Within 4.8 km

Recently Sold Properties in this Area

About Merbein

With an average age of 44, households expect an average monthly mortgage payment of $867 or a weekly rent payment of $223. The average family earns a weekly income of $1,455 with a typical household size of 2.2 and a 95.74% employment rate.

Consistent high demand relative to supply is a key feature in Merbein driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Merbein due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Merbein changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Merbein the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

General Points of Interest

Merbein Pool golf

Coomealla Golf Club sport

Olympic Park sport

Mildura Sporting Precinct monument

Blandowski Memorial

WOW Tree

Garden of HOPE Mildura golf

Merbein Golf Course

Coomealla Mountainless Mountain Bike Park Trailhead monument

RAAF Memorial

Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 754 asthma sufferers and 393 people living with diabetes. In addition, 263 people have a heart/vascular condition and 641 people live with three or more chronic diseases.

A good place to invest in property?

Merbein a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

37 / 100

52 / 100

Industry

04 / 100

17 / 100

Population

12 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

25 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Merbein P-10 College Mildura Senior College
Mildura West Primary School
Mildura, VIC, 3500 State Prep-6
Trinity Lutheran College
Mildura, VIC, 3500 Independent Prep-10
Ranfurly Primary School
Mildura, VIC, 3502 State Prep-6
Mildura South Primary School
Mildura South, VIC, 3501 State Prep-6
Merbein P-10 College
Merbein, VIC, 3505 State Prep-10
Mildura Senior College
Mildura, VIC, 3502 State Prep-12
Coomealla High School
Dareton, NSW, 2717 State 7-12
Mildura Specialist School
Mildura, VIC, 3500 State U
Our Lady of the Sacred Heart School
Merbein, VIC, 3505 Independent Prep-6

Property Story

20 Foster Street, Merbein, Vic, 3505 is a residential property . The estimated distance to the sea is 311.05km and 0.38KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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