SOLD
RECENT ADVICE
Sold on 23 Nov 2023 for $193,000

3/131 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 3/131 Merimbula Dr, Merimbula

3/131 Merimbula Dr, Merimbula is a 1 bedroom, 1 bathroom Studio with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Studio sold in Merimbula in the last 12 months.

Building Type
Studio
Local Government
Bega Valley
Lot/Plan
3/SP40599

Last Listing description (November 2023)

*Please note this property cannot be lived in permanently*

Could this be Merimbula's most affordable property? Dwyer Properties is excited to offer this value-packed studio apartment! Perfect if you're looking to invest or as a holiday home. This property is sure to appeal.

This property features:

- Single-car space
- Shared bedroom and dining area with a spacious wardrobe and a built-in mirror
- Split system airconditioning in living room
- Kitchenette with electrical cooking and plenty of storage
- Bathroom that's divided into 2 for the toilet and shower
- Communal Laundry

3/131 Merimbula Drive is a 3-minute drive to the heart of Merimbula Main Street, offering cafes and restaurants, boutique clothing, and accessories as well as a 5-minute drive to Spencer Park where you can have a BBQ with your friends and family whilst watching the sunset in the afternoon.

Please call Simon today for an inspection before this beauty goes!

Property History for 3/131 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$193,000
23 Nov 2023
Listed for Rent
$220/w
06 Oct 2020
  • 23 Nov 2023
    Sold for $193,000
  • 31 Jul 2023
    Listed for Sale Not Disclosed
  • 25 Sep 2020
    Listed for Rent - Price not available
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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 3,591 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 62 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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Simon Robins
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One Agency Dwyer Properties
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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.