Property investors who have had real estate in Merbein, 3505 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.32%
The five-year average increase in median property values for Merbein,3505 has given property investors a potential capital gain of 13.03% across each of those five years.
Property investors looking for a bargain in Merbein should be aiming for at least -6.85% off the asking price, which is the average vendor discount being achieved at the moment.
Merbein, 3505’s gross rental yield is 7.26%