OFF MARKET

2/20 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 57m2
Land area: 1942m2
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Property Details for 2/20 Elizabeth St, Merimbula

2/20 Elizabeth St, Merimbula is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 1942m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2000
Floor Size
57m2
Land Size
1942m2
Local Government
Bega Valley
Lot/Plan
2/SP65930

Last Listing description (June 2023)

Nautilus Apartments on the Fishpen, Merimbula are as popular as the beautiful seashells which are their namesake. Number 2 is now on the market and available to live in permanently, rent out or holiday let.

Located on the ground floor overlooking the spacious lawn area, the apartment has 2 good size bedrooms, both with built ins. Kitchen, bathroom with spa bath. With 2 secure car spaces as an added bonus.

The managed complex features a large solar heated swimming pool, shaded covered BBQ area, large grass play area and secure fenced garden.

Set in a premium location between main beach and the lake you are a stones through from literally everything! Surf at Main Beach, SUP or kayak on the lake, coffee and cake at Mitchies jetty. A leisurely walk over the bridge to shops, clubs, cafes, schools etc.

Currently tenanted at $550 per week until 1 Dec 2023. Inspections by appointment only.

Property History for 2/20 Elizabeth St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$410,000
29 Mar 2022
  • 13 Sep 2023
    Sold
  • 17 May 2023
    Listed for Sale $515,000
  • 29 Mar 2022
    Sold for $410,000
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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 3,593 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.

Suburb Insights for Merimbula 2548

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.