OFF MARKET

11 Park Street
Merimbula NSW 2548

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Land area: 755m2
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Property Details for 11 Park St, Merimbula

11 Park St, Merimbula is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 755m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
House
Land Size
755m2
Local Government
Bega Valley
Lot/Plan
9/DP252400

Last Listing description (July 2012)

THE TIME IS NOW!
Here lies an opportunity to invest right in the heart of Merimbula at a more than affordable price. On offer here are 2 X 2bedroom units both with enclosed courtyards and lock up garage below. Adjoining the garage is also another separate studio accommodation and further storage.
Both units are currently let with a combined income of $410 per week.

Zoning is medium density 2(b)
All on one title.
Buy now and gloat later!
Additional feature/s - Built-In Wardrobes.

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Property History for 11 Park St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$325,000
03 Aug 2012
Listed for Rent
$185/w
29 Nov 2006
  • 03 Aug 2012
    Sold for $325,000
  • 13 May 2011
    Listed for Sale ''OFFERS INVITED''
  • 27 Oct 2006
    Listed for Rent - Price not available
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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 3,593 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:

  • The median value for Houses in Merimbula is $867,977 while the median value for Units is $514,621.
  • 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, 131 properties were sold in the past 12 months in Merimbula.

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