OFF MARKET

1/2 Chapman Avenue
Merimbula NSW 2548

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1090m2
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Property Details for 1/2 Chapman Ave, Merimbula

1/2 Chapman Ave, Merimbula is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 1090m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1965
Land Size
1090m2
Local Government
Bega Valley
Lot/Plan
1/SP31604

Last Listing description (September 2021)

This 1 bedroom unit is only moments from the Lake and Ocean and a short walk to shops and center of Merimbula.
The property is a real number 1 for location and convenience. Imagine waking up and taking a refreshing morning dip in the pristine Merimbula Lake. Breakfast and then a 2 minute walk to the sand and surf on Main Beach. Evenings are relaxed, fishing for Bream or taking a level walk into the center of Merimbula and enjoying one of our many fantastic dining options. The location is second to none and the property is ready to go.

Property History for 1/2 Chapman Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$279,000
23 Sep 2021
  • 23 Sep 2021
    Sold for $279,000
  • 23 Sep 2021
    Sold for $279,000
  • 06 Sep 2021
    Listed for Sale under offer
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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 3,593 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 62 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.