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Sold on 16 Jan 2024 for $1,525,000

23 Hill Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 4
Land area: 980m2
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Property Details for 23 Hill St, Merimbula

23 Hill St, Merimbula is a 2 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 980m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Merimbula in the last 12 months.

Building Type
House
Land Size
980m2
Local Government
Bega Valley
Lot/Plan
15/3/DP758670

Last Listing description (January 2024)

Discover a rare gem on the coveted Long Point precinct of Merimbula, Far South Coast, New South Wales. This is your chance to own a remarkable property with breathtaking views and endless potential! Featuring two distinct dwellings - The original 'Shack' exudes a charming, seaside ambiance, while the modern 'Studio' offers contemporary comfort. No less than three street frontages and council approved plans in place for a future 3-bedroom dwelling to replace the original cottage. Opportunity to create your dream home, an income generating holiday rental, or a guest retreat. Location is key, and this property doesn't disappoint. Imagine overlooking the serene Merimbula Lake and enjoying stunning sunsets all year round. A short stroll to the iconic Bar Beach for swim and coffee, the vibrant Merimbula township also within easy walking distance via the picturesque tree top walking track. Don't miss out on this once-in-a-lifetime opportunity to own a slice of paradise in one of the most prestigious areas on the Far South Coast. Whether you're an investor, a developer, or someone looking for a unique place to call home, this property has it all. Act fast to make your dream coastal lifestyle a reality, as properties like this are few and far between. Contact us today to schedule a viewing and explore the potential !

Property History for 23 Hill St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$1,525,000
16 Jan 2024
  • 16 Jan 2024
    Sold for $1,525,000
  • 15 Nov 2023
    Listed for Sale $1,600,000-$1,650,000 Price Guide
  • 04 Oct 2014
    Sold for $471,000
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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 63 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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Tara Stone
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James Smith
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Sails Real Estate
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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.