OFF MARKET

27/1 Dunns Lane
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 6550m2
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Property Details for 27/1 Dunns Lane, Merimbula

27/1 Dunns Lane, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 6550m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
1989
Land Size
6550m2
Local Government
Bega Valley
Lot/Plan
27/SP35462

Last Listing description (January 2020)

Rarely offered at this price and boasting a top floor position on the left wing of this popular and established resort, this modern two bedroom apartment with the advantage of two bathrooms should please any astute investor. From the delightful front balcony you'll be lead inside to spacious living areas to easily relax in whilst enjoying beautiful views of the Merimbula Lake, oyster leases and distant boardwalk. A permanent occupancy DA is currently under review with council.

The functional kitchen allows you to interface with family,

friends and guests and the generous-sized bedrooms add to this apartment's appeal.
Not only is this property impressive, the resort features are too
including two pools (indoor heated plus spa and outdoor), a tennis court,
BBQ entertaining area, free Foxtel, free WiFi, playground and there's
even boat parking. On the Fishpen in Merimbula you can easily walk to
town, beaches, clubs and the golf course. Add this to your portfolio with its
designated parking bay and good returns.

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Property History for 27/1 Dunns Lane, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$195,000
25 Feb 2020
  • 25 Feb 2020
    Sold for $195,000
  • 15 Oct 2019
    Listed for Sale $199,900
  • 17 Oct 2012
    Sold for $130,000
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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.
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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