1 Otway Cl, Merimbula is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 758m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in January 2016.
Situated on a corner block the property features lake views, slow combustion wood fire, raked ceilings and highlight windows. Four bedrooms and two bathrooms including ensuite to main. Large family room, separate kitchen and meals area with timber cabinetry and dishwasher in place. Good size rumpus room with access to backyard and there is internal access from the double lock up garage. 6 month lease is offered.
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:
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