SOLD
RECENT ADVICE
Sold on 31 Jan 2024 for $470,000

1/19 Marine Parade
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 1053m2
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Property Details for 1/19 Marine Pde, Merimbula

1/19 Marine Pde, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 1053m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Floor Size
68m2
Land Size
1053m2

Last Listing description (January 2024)

Superbly located in the popular Fishpen area of Merimbula this 2 bedroom ground floor unit is suitable for permanent living or would be a great investment to add to your portfolio. Features include solid brick construction, large bedrooms with built in robes, spacious kitchen with dishwasher, combined laundry/bathroom, lock up garage and additional under stair storage space.
Situated between Merimbula's Main Beach and front lake makes this a fabulous lifestyle location and its only a few minutes level walk into Merimbula's CBD.
'Margarita Manor' is small complex of 6 units. Outgoings include body corporate fees $4232pa and Council rates $3262pa.

Property History for 1/19 Marine Pde, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$470,000
31 Jan 2024
Listed for Rent
$270/w
19 Apr 2017
  • 30 Jan 2024
    Sold for $470,000
  • 29 Oct 2023
    Listed for Sale $479,000
  • 19 Apr 2017
    Listed for Rent $270 / 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 3,591 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 62 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 129 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.