2/7 Burton AvenueMerimbula NSW 2548
Property Details for 2/7 Burton Ave, Merimbula
2/7 Burton Ave, Merimbula is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 41m2 and floor size of 1546m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Merimbula in the last 12 months.
Last Listing description (May 2024)
Why pay rent when you could make this charming and compact little unit your own.
Offering the perfect opportunity to either enter the property market or add to an investment portfolio.
Full of natural light, one bedroom with built in robes, bathroom and open plan living with kitchen area. The complex has a shared laundry facilities and a lovely communal grassed yard & outdoor alfresco area. 2 parking spaces directly outside your door.
Located on Burton Avenue, in the sought after Fishpen peninsula, it's only a minute or two walk to Merimbula Lake, Mitchies Jetty and Main Beach. Only a short 10 minute flat walk to the centre of town, shops, pub supermarket and clubs.
Council Rates: $2390pa / Strata: $2620pa
Property History for 2/7 Burton Ave, Merimbula, NSW 2548
- 03 May 2024Sold for $360,000
- 25 May 2023Listed for Sale $350,000 - $380,000 Price Guide
- 17 Dec 2012Sold for $125,000
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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.
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