OFF MARKET

42 Meringo Street
Bega NSW 2550

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 81m2
Land area: 622m2
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Property Details for 42 Meringo St, Bega

42 Meringo St, Bega is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 622m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in June 2008.

Building Type
House
Year Built
1955
Floor Size
81m2
Land Size
622m2
Local Government
Bega Valley
Lot/Plan
14/DP36378

Last Listing description (July 2008)

OPPORTUNITY KNOCKS
This is a perfect opportunity for first home buyers or investors. One of the cheapest homes in Bega today, it currently returns $170 a week in rent. Very solid on brick piers, 2 bedrooms, polished timber floors and a nice sunny deck at the rear. Backs on to Lions Park.

Property History for 42 Meringo St, Bega, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$156,000
11 Jun 2008
  • 11 Jun 2008
    Sold for $156,000
  • 03 Nov 2006
    Listed for Sale $175000
  • 07 Dec 2000
    Sold for $68,500
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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 2,963 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 14 properties listed for rent in Bega on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Bega.

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