SOLD
Sold on 28 May 2024 for $460,000

2/11 Kyeamba Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 93m2
Land area: 2647m2
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Property Details for 2/11 Kyeamba St, Merimbula

2/11 Kyeamba St, Merimbula is a 2 bedroom, 1 bathroom Unit and was built in 1982. The property has a land size of 2647m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
93m2
Land Size
2647m2
Local Government
Bega Valley
Lot/Plan
2/SP18692

Last Listing description (August 2024)

This 2 bedroom, 1 bathroom home has so much potential, whether it be looking for your first home, a holiday home, or an investment opportunity.
From the stunning streetscape, this property has a European vibe about it, with a neutral off-white color palette, lush green gardens, and a northerly aspect from your very own private front porch area.
Situated in a fabulous beachside location, leave the car at home because you are within easy walking distance to the Merimbula town center, where you will find an abundance of shops, cafes, restaurants, and beautiful beaches.

This residence is in perfect condition and has plenty of potential to modernize and to put your own signature on it.
Additionally, there is lots of storage within the home, and off-street parking with an allocated undercover carport.

Annual Council Rates $2750 approx
Annual Strata Levies $3120 approx

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Property History for 2/11 Kyeamba St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$460,000
28 May 2024
Listed for Rent
$190/w
11 Oct 2013
  • 28 May 2024
    Sold for $460,000
  • 10 Jan 2024
    Listed for Sale $460,000
  • 26 Jan 2023
    Listed for Sale $450,000 - $490,000 Price Guide
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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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