Merbein, 3505 ranked 288th in VIC when comparing growth in median property values or capital gain over the last 12 months. Merbein is one of 2099 in our list for VIC
Over the longer term, Merbein has seen property prices show investors a 7.91% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Merbein are currently offering property investors an average price cut of -8.28% below the asking price at the moment.
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.
Using the current median advertised rental of $272.5 and the average annual increase in value of a median property of 1.90%, investors should hope to achieve an overall return of 7.56%