11/1 Monaro StreetMerimbula NSW 2548
Property Details for 11/1 Monaro St, Merimbula
11/1 Monaro St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 281866374m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (November 2023)
It is a pleasure to enter into this exceptionally neat and tidy renovated 2 bedroom unit, located in a sort after locale, right in the centre of Merimbula.
Live the easy life and have everything at your fingertips.
This property is the perfect place to either live in or alternatively holiday let or permanently let and reep the benefits. The option is there to buy this property fully furnished as it is currently managed as an AIRBNB with great returns.
Fabulous workable kitchen with plenty of space and storage.
Combined laundry/bathroom with a large window which lights up the space.
2 good sized bedrooms both with built in robes.
A huge bonus to this property is a good sized lock up garage and additional storage room attached.
New reverse cycle air conditioner, new large hot water system.
Absolutely nothing to be done here but enjoy the deck and the lake view and watch the world go by.
Property History for 11/1 Monaro St, Merimbula, NSW 2548
- 22 Nov 2023Sold for $470,000
- 12 Oct 2023Listed for Sale $470,000
- 03 Feb 2017Sold for $231,000
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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 3,592 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.
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