OFF MARKET

2/51 Monaro Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 159m2
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Property Details for 2/51 Monaro St, Merimbula

2/51 Monaro St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 159m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1985
Floor Size
66m2
Land Size
159m2
Local Government
Bega Valley
Lot/Plan
2/SP16696

Last Listing description (March 2023)

This excellent 2 bedroom unit ticks all the right boxes. Suited for first home buyers and those looking for a relaxed down sizer or weekend retreat, this enviable abode is well presented, while the sizeable living space includes open plan lounge and casual meals areas. The updated kitchen has all the room you need as well as modern appliances, while both bedrooms have built-in robes and neighbour the neat and tidy bathroom. You or your tenants will love this location only a short walk to the town centre and public transport.
Under cover parking space. Small complex consisting of only 4 units.

Property History for 2/51 Monaro St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$400,000
08 Mar 2023
Listed for Rent
$400/w
09 Jun 2022
  • 08 Mar 2023
    Sold for $400,000
  • 17 Dec 2022
    Listed for Sale $450,000
  • 26 Apr 2022
    Listed for Rent $400 / 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 3,593 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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