OFF MARKET

11/55 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 140m2
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Last updated 18 Nov 2024
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Property Details for 11/55 Merimbula Dr, Merimbula

11/55 Merimbula Dr, Merimbula is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 140m2.

Building Type
Unit
Year Built
2006
Floor Size
140m2
Local Government
Bega Valley

Last Listing description (December 2017)

This 3 bedroom 2, bathroom unit has fantastic lake and town views. It's also got some very important features that make it well worth an inspection. Forget the car, it's a leisurely walk to town. Low body corps are an important consideration. Owner occupied & very well maintained as well as having that hard to get lock up garage. TICK TICK TICK. This one has it all.
3 double sized bedrooms
2 bathroom

1st floor living
Low body corporate fees
Location plus
Lock up garage
Large front balcony
Very spacious lounge
Large kitchen
Small yard

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Property History for 11/55 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
  • 17 Jun 2015
    Listed for Sale $399,000

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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.
There are currently 63 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Merimbula.

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