OFF MARKET

2/28 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 1013m2
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Property Details for 2/28 Merimbula Dr, Merimbula

2/28 Merimbula Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1013m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1970
Floor Size
67m2
Land Size
1013m2
Local Government
Bega Valley
Lot/Plan
2/SP18440

Last Listing description (August 2023)

Centrally located in the heart of Merimbula, this cozy 2-bedroom unit has a private courtyard for your beloved pet. You can sell the car, as the shops, cafes, and clubs are all within walking distance. The bedrooms and bathroom are all in top condition as well. This home is ready for you to move straight in.

The north-facing aspect adds to the warmth and comfort you feel inside. The home oozes character; with polished timber floors and timber feature walls. The log fireplace ensures your warmth during winter and the reverse cycle air conditioning is great all year round.

All the work has already been done in the unit which is as neat as a pin. The kitchen is a dream, with timber veneer cabinetry that is well maintained and has a service opening through to the dining area.

The sun-filled courtyard is ideal for your furry friends and has added privacy from the hedge along the front boundary. The home has easy access from the courtyard, and the living is all on one level.

This cute unit is perfect for a retiree, or for use as a holiday home. It is currently permanently let until the end of March 2023.

Call today for a private viewing, as this home is sure to pull on your heartstrings.

Property History for 2/28 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$510,000
05 Jun 2023
Listed for Rent
$350/w
09 Apr 2020
  • 05 Jun 2023
    Sold for $510,000
  • 27 Feb 2023
    Listed for Sale $539,000
  • 26 Mar 2020
    Listed for Rent $350 / week
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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.

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.