Merbein is a quiet outer suburb of Mildura on the north bank of the Murray in Victoria's Sunraysia region, known for its horticultural heritage of citrus, dried fruit, and almonds. As Mildura continues growing as a major inland city, Merbein's lower prices relative to central Mildura and its large block sizes make it an attractive option for families seeking space with convenient access to Mildura's expanding medical, retail, and educational base. At the current $365k median house price, an 80% loan at 6.25% over 30 years is about $1,798 per month.
| Median house price | $365,000 |
|---|---|
| Median unit price | $228,000 |
| Estimated monthly repayment | $1,798 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.2% |
| Gross rental yield | 5.9% |
| Typical days on market | 27 |
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