OFF MARKET

16 Teal Court
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 882m2
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Last updated 11 Nov 2024
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Property Details for 16 Teal Ct, Merimbula

16 Teal Ct, Merimbula is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 882m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Land Size
882m2
Local Government
Bega Valley
Lot/Plan
165/DP793447

Last Listing description (August 2021)

This 3 bedroom residence is located at the end of a quiet cul de sac and offers elevated views of the lake & hinterland. A great family home or a solid investment.
Expansive views that cannot be built out
Large open living areas

Spacious kitchen
3 bedooms, 2 bathrooms, double garage
Bar/games area
Large entertaining balcony
Great family home
Solid investment property- currently let
Walk to boardwalk & boat hire
Realistically priced

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Property History for 16 Teal Ct, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$385,000
27 May 2016
Listed for Rent
$300/w
24 Nov 2007
  • 27 May 2016
    Sold for $385,000
  • 16 Jan 2015
    Listed for Sale $400,000
  • 23 Oct 2007
    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 3,592 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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