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.
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.
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:
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