Thinking about buying in Merbein? Now could not be a better time, with 1784 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $374,000 with prices in this suburb ranging from $71,000 to $5,240,000. The aproximate distance to the coast is 305 Km.

Merbein Real Estate Market Outlook

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.

Houses for sale Merbein

	207 fifth st, merbein, vic, 3505	4	1	3	$460,000-$490,000
	20 foster st, merbein, vic, 3505	0	0	0	$140,000
	15 hocking ct, merbein, vic, 3505	0	0	0	$115,000 - $125,000
	158 second st, merbein, vic, 3505	0	0	0	$295,000
	2 cupper gr, merbein, vic, 3505	3	2	2	Under Offer
	9 hocking ct, merbein, vic, 3505				$114,000 - $125,000
	6 crosbie pl, merbein, vic, 3505				$108,000
	5 crosbie pl, merbein, vic, 3505	0	0	0	111000
	37 fraser dr, merbein, vic, 3505	0	0	0	199000

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General Points of Interest

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