Property investors who have had real estate in Merbein, 3505 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.70%
Across a shorter period, Merbein, 3505 has seen a median price increase of -1.32% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Merbein is offering property investors an average of -5.39. This rate of discount on properties puts Suburb at number 140th in terms of most discounted suburbs in VIC
Residents and property investors in Merbein have been waiting around 58.63 days to sell a property.
Property investors should expect to get $255 weekly from the median priced house in this suburb.