VIC has seen average median house prices change by 7.80% which means that Merbein, 3505 has done well for property investors by showing a capital gain of -0.57% over the last year
Comparing Merbein,3505 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Merbein itself are offering an average vendor discount of -10.14% to real estate investors.
In the last year 59 properties changed hands in Merbein, which puts it as the 390th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $230 weekly from the median priced house in this suburb.