OFF MARKET

1/116 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 1990m2
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Property Details for 1/116 Merimbula Dr, Merimbula

1/116 Merimbula Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 1990m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
1978
Floor Size
60m2
Land Size
1990m2
Local Government
Bega Valley
Lot/Plan
1/SP21962

Last Listing description (August 2024)

Enjoy stunning lake views from this modern, fully furnished unit.
This property offers a perfect blend of comfort and convenience.

Location: Situated at the top of town, providing easy access to local amenities and beautiful surroundings.

Views: Spectacular lake views that can be enjoyed from the comfort of your home.
Interior: Modern design with high-quality finishes throughout.
Furnished: Fully furnished, ready for you to move in without the hassle of setting up.
Single carport, reverse cycle, pets upon application
Don't miss out on this fantastic rental opportunity.
Contact us today to arrange a viewing!

Property History for 1/116 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$180,000
18 Jul 2017
Listed for Rent
$500/w
12 Aug 2024
  • 16 Jul 2024
    Listed for Rent $500 / week
  • 18 Jul 2017
    Sold for $180,000
  • 23 Dec 1988
    Sold

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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 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 60 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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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.