SOLD
RECENT ADVICE
Sold on 01 Apr 2024 for $930,000

2/8 Tern Close
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 2/8 Tern Cl, Merimbula

2/8 Tern Cl, Merimbula is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Local Government
Bega Valley
Lot/Plan
2/SP76286

Last Listing description (April 2024)

Situated in Merimbula's Top Lake Estate this beautifully maintained 3 bedroom, 2 bathroom duplex townhouse is impressive in both scale and design.
The property has been built over two levels and boasts quality fixtures and fittings throughout. On the ground floor you will find guest bedrooms, full bathroom and second living space.
Upstairs features impressive raked ceilings, beautiful timber floors and huge picture windows showcasing the views. The kitchen includes stone benches, large gas/electric cooker, dishwasher and butlers pantry. Enjoy open plan living and fabulous alfresco entertaining areas on this level. The mater suite incorporates custom built walk in robe and ensuite bathroom.

Other features include oversize double garage with internal access, front and rear balconies and tiled private courtyard.
Purpose designed for a low maintenance lock up and leave lifestyle just a few mintue's walk down to the popular boardwalk into Merimbula's cafes, shops and restaurants.

Property History for 2/8 Tern Cl, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$930,000
01 Apr 2024
  • 08 Mar 2024
    Sold for $930,000
  • 08 Nov 2023
    Listed for Sale Not Disclosed
  • 29 Jan 2008
    Sold for $550,000
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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 3,592 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 64 properties listed for sale, and 2 properties 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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James Cravana
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Steve Haslam
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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.