OFF MARKET

3/1 Marine Parade
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 1811m2
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Property Details for 3/1 Marine Pde, Merimbula

3/1 Marine Pde, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1811m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1980
Floor Size
58m2
Land Size
1811m2
Local Government
Bega Valley
Lot/Plan
3/SP19061

Last Listing description (February 2022)

Perfect location, whether it be holiday or permanent living, the choice is yours. Quiet ground floor unit situated in the highly sought after Fishpen Merimbula, located a stone's throw to main beach and iconic Mitchie's Jetty and short stroll into town. This comfortable 2 bedroom unit features built in robes to both rooms, bathroom/laundry combined and off street parking. Add to this a low maintenance, solid construction of brick and concrete offering investor's or live in buyer's hassle free purchasing. The complex includes common facilities such as swimming pool, BBQ area and many small courtyards throughout.

Property History for 3/1 Marine Pde, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$400,000
25 Jan 2022
Listed for Rent
$250/w
15 Jun 2018
  • 25 Jan 2022
    Sold for $400,000
  • 26 Sep 2021
    Listed for Sale PRICE GUIDE $390,000
  • 04 Jul 2018
    Sold for $236,000
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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 3,594 properties. Over the last 5 years, Houses in Merimbula have seen a 65.73% increase in median value, while Units have seen a 59.89% increase. As at 31 August 2024:

  • The median value for Houses in Merimbula is $893,586 while the median value for Units is $519,097.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 142 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.