OFF MARKET

1/1 Dunns Lane
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Land area: 6413m2
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Property Details for 1/1 Dunns Lane, Merimbula

1/1 Dunns Lane, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 6413m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1989
Floor Size
71m2
Land Size
6413m2
Local Government
Bega Valley
Lot/Plan
1/SP35462

Last Listing description (February 2023)

This is your opportunity to secure a 2 bedroom and 2 bathroom family suite in the popular Aquarius Resort in beautiful Merimbula at a great price.

Perfectly positioned to take full advantage of everything Merimbula has to offer, walk to Merimbula Main Beach, cafs, restaurants, shops or enjoy the vast scenic walking tracks and bike paths. Or why not simply stay within the resort and all the luxuries at your doorstep, such as the option of large inground pool, a heated indoor pool and spa.

A full-size tennis court is free to use and nicely complements the family orientated resort with a children's playground and a large undercover BBQ area.

Walk the white sands, surf the main beach or enjoy a gentle sheltered swim at Mitchies jetty or put the boat in at the convenient boat ramps for those big fishing days.

This unit represents a great opportunity for investors, there is an existing Lease Agreement with the on-site Management through to May 2024 with an option to extend.

Call me now to arrange a private inspection.

Property History for 1/1 Dunns Lane, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$345,000
07 Feb 2022
  • 07 Feb 2022
    Sold for $345,000
  • 06 Oct 2021
    Listed for Sale $350,000
  • 10 Apr 2019
    Sold for $173,000
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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 3,592 properties. Over the last 5 years, Houses in Merimbula have seen a 57.40% increase in median value, while Units have seen a 64.11% increase. As at 31 October 2024:

  • The median value for Houses in Merimbula is $861,631 while the median value for Units is $521,351.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 63 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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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.