11 Meringo StreetBega NSW 2550
Property Details for 11 Meringo St, Bega
11 Meringo St, Bega is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 883m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (October 2024)
Located within walking distance of Bega CBD, 11 Meringo Street offers the charm and character that any first-time home buyer or investor would love. This property greets you with a beautiful garden that adds to the home's unique appeal.
Featuring three bedrooms and one bathroom, this home is perfect for a young family. The bedrooms offer ample storage, making it ideal for growing families. The kitchen, which overlooks the backyard, is conveniently located next to the dining room, creating a cozy and functional space for daily living.
Situated on a naturally sloped block, the property provides level access from the back, allowing for easy car accommodation and potential workshop space. The driveway leads directly to the back of the home, enhancing convenience.
The large residential block offers a spacious outdoor area, perfect for children to play or for pets to roam freely.
Currently tenanted with a rental income of $550 per week, this home presents a great opportunity for investors seeking a property with potential in Bega.
This home tells a story of charm and character, from the front garden through the house to the backyard. Located just minutes from the shops and near playing fields, this is a great opportunity to invest or purchase a home in a prime location. Call today to book your inspection!
Property History for 11 Meringo St, Bega, NSW 2550
- 24 Sep 2024Listed for Sale $640,000
- 18 Aug 2021Sold for $460,000
- 06 Jul 2021Listed for Sale $460,000
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0About Bega 2550
The size of Bega is approximately 31.4 square kilometres. It has 19 parks covering nearly 2.6% of total area. The population of Bega in 2011 was 4,756 people. By 2016 the population was 4,674 showing a population decline of 1.7% in the area during that time. The predominant age group in Bega is 50-59 years. Households in Bega are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bega work in a labourer occupation. In 2011, 66.6% of the homes in Bega were owner-occupied compared with 61.7% in 2016.
Bega has 2,959 properties. Over the last 5 years, Houses in Bega have seen a 62.96% increase in median value, while Units have seen a 134.95% increase. As at 31 October 2024:
- The median value for Houses in Bega is $588,062 while the median value for Units is $532,122.
- Houses have a median rent of $525 while Units have a median rent of $340.
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