OFF MARKET

11 Meringo Street
Bega NSW 2550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 883m2
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Last updated 18 Nov 2024
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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.

Building Type
House
Year Built
1965
Floor Size
95m2
Land Size
883m2
Local Government
Bega Valley
Lot/Plan
61/DP815205

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!

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Property History for 11 Meringo St, Bega, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$460,000
18 Aug 2021
  • 24 Sep 2024
    Listed for Sale $640,000
  • 18 Aug 2021
    Sold for $460,000
  • 06 Jul 2021
    Listed for Sale $460,000

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About 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 2,965 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.
There are currently 61 properties listed for sale, and 13 properties listed for rent in Bega on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Bega.

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