SOLD
RECENT ADVICE
Sold on 28 Nov 2023 for $950,000

1/8 Tern Close
Merimbula NSW 2548

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 216m2
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Property Details for 1/8 Tern Cl, Merimbula

1/8 Tern Cl, Merimbula is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom DuplexSemi-detached sold in Merimbula in the last 12 months.

Building Type
DuplexSemi-detached
Floor Size
216m2
Local Government
Bega Valley
Lot/Plan
1/SP76286

Last Listing description (November 2023)

Impressively poised and sophisticated with its unique blending of texture and impeccable style, this well built double-story, four-bedroom home has the perfect balance of space, elegance and quality for family living, presenting the height of luxury through high ceilings, high-end finishes and modern design for a laid-back lifestyle. Unwind in your tranquil surrounds where you are afforded a rare level of convenience and lifestyle, just metres from the sparkling Top Lake of Merimbula and only a short drive to all the spoils of the township and beaches.
•Captivating from the onset and opening to reveal an intelligent layout, welcomed by a light-filled entrance and living/study area.
•A neutral and crisp colour palette is highlighted by square set cornice and a quality fit out throughout the home.

•Open plan living domain upstairs with stunning stone-topped entertainers kitchen comprising high-end appliances, leading out to undercover and open alfresco area
•Seamlessly connecting to the main living area through glass sliding doors discover a low-maintenance balcony
•Stylish master suite with large walk-in robe and stylish ensuite and designated laundry is situated on the ground floor
•A further three bedrooms (two with built-in-robes) and a central bathroom with bathtub complete the downstairs layout
•Double secure oversized garage with internal access, and reverse cycle heating and cooling throughout
•Conveniently located close to stunning beaches, cafes and restaurants and the Merimbula Airport
•Ideal for large families, retirees, holiday, investors

Property History for 1/8 Tern Cl, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$950,000
28 Nov 2023
  • 28 Nov 2023
    Sold for $950,000
  • 12 Apr 2022
    Listed for Sale Price Guide $989,000 - $1,029,000
  • 07 Mar 2011
    Sold for $555,000

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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 3,591 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 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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Tammy Carroll
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Coast Property Group Far South Coast
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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.