2/131 Merimbula DriveMerimbula NSW 2548
Property Details for 2/131 Merimbula Dr, Merimbula
2/131 Merimbula Dr, Merimbula is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 4015m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Last Listing description (March 2019)
This fully furnished studio apartment has everything you need for that weekender, first home or first investment property. This very tidy unit is located at the top of the block with only two other units nearby providing plenty of privacy. Current rent for these units is between $200 - $220 p.w. This unit would suit most fly in fly out workers looking to have a bit more of a permanent base. The first time home buyer should be excited by the fact they only need a $9,000 deposit. For the investor these units are in high demand with a 5% vacancy rate, with water and electricity included in the strata fees. The last unit we had like this sold in the first 48 hours so don't miss your opportunity to purchase something in Merimbula under $100,000.
Property History for 2/131 Merimbula Dr, Merimbula, NSW 2548
- 08 Feb 2019Sold for $83,000
- 22 Jan 2019Listed for Sale Not Disclosed
- 12 Feb 2018Sold
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0About 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.
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