Merbein South, located within the broader Mildura region in Victoria, presents a unique perspective on the housing market characterized by its tranquil rural setting and affordability. The area has traditionally been an agricultural hub, and this influence is still evident in the available properties, many of which are spacious and offer substantial land. In recent years, the real estate market in Merbein South has seen modest growth, attributed to a broader trend of people seeking rural escapes from more urban locales. Property prices in this area tend to be more accessible compared to larger metropolitan regions, making it an attractive option for first-time homebuyers and those looking to invest in a slower-paced lifestyle or even retirees who want to relish in their golden years amidst serene surroundings. Additionally, the community-oriented nature and the continuing development in infrastructures, such as improved road connections, make it a more viable option for families considering a move away from densely packed cities.
Living in Merbein South offers a laid-back lifestyle that is appealing to those who value peace and nature over the hustle and bustle of city living. Residents here enjoy a close-knit community atmosphere where neighbors are familiar with one another, contributing to a strong sense of belonging and security. The proximity to Mildura provides the convenience of accessing more comprehensive amenities, such as shopping centers, schools, and healthcare facilities, without sacrificing the pleasures of rural living. The climate of the region, characterized by hot summers and mild winters, is perfect for enjoying outdoor activities such as gardening, picnics in the parklands, or visiting local vineyards and wineries that adorn the region. Additionally, the serene environment, with its open spaces and breathtaking landscapes, offers an ideal backdrop for relaxation and an improved quality of life, appealing to those who wish to retreat from the fast-paced urban scene.
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Thinking about buying in Merbein South? Now could not be a better time, with just 218 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $501,000 with prices in this suburb ranging from $209,000 to $1,031,000. The aproximate distance to the coast is 298 Km.
Consistent high demand relative to supply is a key feature in Merbein South 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 South 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 South 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 South 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.
Instant Property Valuation39 Cowanna Av South, Merbein South, VIC, 3505 | 5 | 2 | 5 | $1,250,000 - $1,375,000 |
None within suburb boundary
(While the above schools are located with the suburb of Merbein South there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
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Jan | 0.7 | 17.9 | 34.6 | 16.5 | 61.9 | 3.9 | 28.1 |
Feb | 1.2 | 17.2 | 32.8 | 22.4 | 68.0 | 3.9 | 24.3 |
Mar | 0.9 | 14.6 | 29.4 | 26.2 | 75 | 3.4 | 20.0 |
Apr | 0.7 | 10.5 | 24.5 | 31.0 | 81.5 | 3 | 15.3 |
May | 0.7 | 7.3 | 19.6 | 41.3 | 91.8 | 3.0 | 11.3 |
Jun | 0.5 | 5.0 | 16.3 | 49.3 | 96.1 | 3.0 | 9.6 |
Jul | 0.6 | 4.4 | 16.3 | 46.0 | 94.4 | 3.3 | 9.8 |
Aug | 0.7 | 5.2 | 18 | 36.2 | 90.1 | 3.6 | 12.8 |
Sept | 0.7 | 7.4 | 22.2 | 26.3 | 84.3 | 4.0 | 17.7 |
Oct | 0.7 | 10.5 | 26.0 | 22.7 | 78.2 | 4.0 | 22.7 |
Nov | 0.9 | 13.2 | 29.1 | 20.0 | 73.1 | 4 | 26.6 |
Dec | 1.1 | 15.9 | 32.0 | 17.5 | 65.5 | 4.0 | 29.0 |
source: Australian Government Bureau of Meteorology
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