SOLD
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Sold on 04 Jul 2024 for $390,000

10/1 Dunns Lane
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 6412m2
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Property Details for 10/1 Dunns Lane, Merimbula

10/1 Dunns Lane, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 6412m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Floor Size
88m2
Land Size
6412m2

Last Listing description (July 2024)

Stop paying rent today, and take advantage of this prominently positioned 2 bedroom, 2 bathroom unit, with separate laundry, on Merimbula's Fishpen. Situated on the ground floor of the well maintained “Aquarius Resort” complex, previously limited to short term holiday let, it now offers full flexibility for either owner occupiers or investors. While partially renovated with new kitchen, dishwasher and reverse cycle air-conditioner, it still offers opportunity for further improvements and personal touches. Adjacent to the boat ramp and Merimbula lake, it's only a short level stroll to the centre of town, main beach, the popular Mitchies Jetty and Crankies Café. On-site facilities include indoor and outdoor swimming pools, tennis court, outdoor entertaining and barbecue area. Council Rates: $2450pa / Strata: $6362pa

Property History for 10/1 Dunns Lane, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$390,000
04 Jul 2024
  • 04 Jul 2024
    Sold for $390,000
  • 07 Sep 2023
    Listed for Sale $399,000
  • 10 Jul 2015
    Listed for Sale $129,000
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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 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.

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