OFF MARKET

12/40 Main Street
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 90m2
Land area: 2301m2
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Last updated 18 Nov 2024
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Property Details for 12/40 Main St, Merimbula

12/40 Main St, Merimbula is a 3 bedroom, 1 bathroom Unit and was built in 1989. The property has a land size of 2301m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
1989
Floor Size
90m2
Land Size
2301m2
Local Government
Bega Valley
Lot/Plan
12/SP32511

Last Listing description (June 2017)

This well presented on site managed unit has been tastefully renovated and is ideal for the family holidays. 3 bedrooms with views equals excellent tenancy and returns. Great complex, great views great price and located right next to the Clubs and town centre. Park and forget the car everything is so close. The views over the Merimbula Lake are spectacular and uninterrupted.
3 Bedroom
Renovated kitchen

Renovated bathroom
Great lake & ocean views
Good returns
Well established clientele
Pre-booked well over Xmas and Jan-Feb Holidays
Best unit in complex
Fully furnished
Call today to book an inspection as this will not last long

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Property History for 12/40 Main St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$240,050
30 May 2017
  • 30 May 2017
    Sold for $240,050
  • 18 Nov 2014
    Listed for Sale $255,000
  • 04 Sep 2013
    Listed for Sale $269,000
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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 64 properties listed for sale, and 2 properties 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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