OFF MARKET

1/131 Merimbula Drive
Merimbula NSW 2548

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 24m2
Land area: 4085m2
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Property Details for 1/131 Merimbula Dr, Merimbula

1/131 Merimbula Dr, Merimbula is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 4085m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
Unit
Year Built
1991
Floor Size
24m2
Land Size
4085m2
Local Government
Bega Valley
Lot/Plan
1/SP40599

Last Listing description (November 2021)

One bedroom studio apartment set on the top of the hill in Merimbula off the highway surrounded in bush setting. The unit has open plan living with bed, lounge and kitchen and separate toilet and bathroom. Fully furnished apartment, 1 x carspace, suit single person. NO PETS. Available now. Rent is $250 per week and $1000 bond. 6 or 12 month lease. Applications only, use 1form or down load our application from our website. https://www.merimbularealty.com.au/wp-content/uploads/2015/08/TenancyApplicationNTD-07082015-133337.pdf

Property History for 1/131 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$30,000
09 Mar 2016
Listed for Rent
$250/w
29 Nov 2021
  • 24 Nov 2021
    Listed for Rent $250 / week
  • 12 Jun 2020
    Listed for Rent - Price not available
  • 12 Feb 2020
    Listed for Rent $225 / week
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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 64 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Merimbula.

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