FOR SALE
PRICE GUIDE $190,000

16/131 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 4088m2
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ENTER THE MARKET!

Could This Be Merimbula's Most Affordable Property?
This value-packed studio apartment, perfect for investors or those seeking a holiday retreat is now for sale.
Features include:
Open-plan bedroom and dining area with a spacious wardrobe and built-in mirror.
Split system air conditioning.
Kitchenette with electric cooking and ample storage.
Bathroom split into two sections: toilet and shower.
Communal laundry facilities.
Single-car space.
Located just a 3-minute drive from the heart of Merimbula's Main Street, you'll have easy access to cafes, restaurants, boutique shops, and pristine beaches of the Sapphire Coast.
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Property Details for 16/131 Merimbula Dr, Merimbula

16/131 Merimbula Dr, Merimbula is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 4088m2. The place is currently for sale with Fisk & Nagle First Choice Real Estate - Bega.

Building Type
Unit
Land Size
4088m2

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About Merimbula 2548

The size of Merimbula is approximately 18.3 square kilometres. It has 14 parks covering nearly 8.6% of total area. The population of Merimbula in 2011 was 3,277 people. By 2016 the population was 3,544 showing a population growth of 8.1% in the area during that time. The predominant age group in Merimbula is 60-69 years. Households in Merimbula are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation. In 2011, 57.8% of the homes in Merimbula were owner-occupied compared with 58.3% in 2016.

Merimbula has 3,594 properties. Over the last 5 years, Houses in Merimbula have seen a 59.02% increase in median value, while Units have seen a 64.31% increase. As at 30 September 2024:

  • The median value for Houses in Merimbula is $867,977 while the median value for Units is $514,621.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 64 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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Elvi Di Donato
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Roy Van Casteren
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Fisk & Nagle First Choice Real Estate - Bega
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.