Merbein at a glance
2,789
People
$460,000
Median sale
$390/wk
Median rent
4.41%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
$420,000
Last sold
1 Nov 2024
4
Bedrooms
1
Bathrooms
2
Car spaces
745 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$420,000
1 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Merbein (last 5 years) with land size have a median of $470/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Merbein at a glance
2,789
People
$460,000
Median sale
$390/wk
Median rent
4.41%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Merbein
-8.7%
Median sale
Suburb $460,000
+0.42 pp
Gross yield
Suburb 4.41%
Suburb median $460,000 from 37 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $390/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Merbein at a glance
2,789
People
$460,000
Median sale
$390/wk
Median rent
4.41%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist VictoriaITS ADDRESSED:
111 Game Street in Merbein perfectly blends historical charm with contemporary living. This property combines style with functionality by showcasing an inviting facade with beautifully maintained hedges, dual shade trees, and a luscious green lawn.
Enter the main living area and be greeted by raised ceilings adorned with an elegant ceiling light decal and feature step cornices. Freshly painted walls and updated flooring throughout enhance the fresh, modern ambiance. Each bedroom features stylish board and batten paneling, adding character and a unique aesthetic that complements the high ceilings.
The kitchen is modern and functional, equipped with a wall-mounted oven, dishwasher, and pull-out mixer, designed for culinary efficiency. Adjacent to the kitchen, the laundry room offers easy access outdoors, serving as a practical workspace.
The wide hallway leads to the master and two additional bedrooms, creating a sense of privacy and flow within the home, while the fourth bedroom is conveniently located off the second living space, offering flexibility and privacy for guests or as a home office.
The bathroom exudes vintage charm with a functional freestanding bath complete with claw feet, perfectly matching the home’s inherent character. The master bedroom, complete with a walk-in robe, offers a private sanctuary within this delightful home.
Outside, the large covered paved alfresco area provides a splendid space for entertaining or relaxing, overlooking the low-maintenance, fully irrigated front and backyard. Additional features include a dual roller door shed with direct street access, concrete flooring, and power, alongside a large garden shed and a lockable side entrance gate.
For vehicle storage, there’s a covered carport with a garage door, ensuring security and convenience. The home also includes solar panels, providing energy efficiency and cost savings. Comfort is guaranteed year-round with evaporative cooling and split systems, while instant gas hot water ensures your daily needs are met without delay.
Key Features:
Four spacious bedrooms with distinctive board and batten paneling
Two living areas with raised ceilings, updated flooring, and fresh paint
Efficient and modern kitchen with appliances
Large covered alfresco area for outdoor enjoyment
Dual roller door shed with street access, concrete flooring, and power
Solar panels for enhanced energy efficiency
Comprehensive climate control with evaporative cooling and split systems
Low maintenance, fully irrigated front and backyard, and secure carport with garage door
Rental Appraisal: Approx. $450 - $490 per week
Discover the seamless blend of the home’s inherent character and modern amenities at 111 Game Street. This property is ideal for those seeking a stylish, comfortable home in a sought-after Merbein locale.
This inviting home is not just a residence but a retreat that offers both the warmth of traditional design and the convenience of modern upgrades, perfect for anyone looking to make their next move in style.
For more Real Estate in Merbein contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Luke Walker, Area Specialist Victoria — reproduced as published, not verified by Districts.