OFF MARKET

26 Monaro Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 105m2
Land area: 791m2
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Last updated 11 Nov 2024
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Property Details for 26 Monaro St, Merimbula

26 Monaro St, Merimbula is a 2 bedroom, 1 bathroom House. The property has a land size of 791m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Floor Size
105m2
Land Size
791m2
Local Government
Bega Valley
Lot/Plan
7/DP412437

Last Listing description (November 2022)

For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is underway and the property can sell at any time. Contact the sales agent immediately to become qualified and avoid disappointment. Open to all buyers, including finance, subject to seller approval.

Here is a great opportunity for you to secure a property in the heart of Merimbula at an affordable price. The vacant home has been vandalised and will be sold as is. The structure is solid and is waiting for you to add your personal touch.

The land size is 791m, with a 10 metre height limit, and the zoning is R3 Medium Density Residential - suitable for unit or townhouse development.

The options are plenty; renovate, build, or develop.

To submit a bid go to www.openn.com.au

Property History for 26 Monaro St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$715,000
17 Feb 2022
  • 17 Feb 2022
    Sold for $715,000
  • 03 Feb 2022
    Listed for Sale Current Bid $715,000

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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, 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.