OFF MARKET

3/20 Munn Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 1148m2
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Property Details for 3/20 Munn St, Merimbula

3/20 Munn St, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 1148m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
2004
Floor Size
72m2
Land Size
1148m2
Local Government
Bega Valley
Lot/Plan
3/SP72941

Last Listing description (September 2019)

If you are looking for an investment unit in Merimbula then STOP!!!!! This is as good a buy and complex as it gets. Currently owned by a painter & decorator and it shows the class. Recent furniture upgrade so for the lucky purchaser, it's do nothing but enjoy your holidays and the spoils of the rental income. Perfect location, close to everything with the benefit of being in a small complex offering boutique service.
2 bed & 2 bathroom/spa
Returning over 5% PA

Managed complex
Pool and BBQ facilities
Small well managed complex
Quiet location, level walk to town and shops
1st floor with private balcony
Level walk to town

Property History for 3/20 Munn St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$202,000
16 Aug 2019
  • 16 Aug 2019
    Sold for $202,000
  • 04 Sep 2017
    Listed for Sale $225,000
  • 16 Dec 2013
    Sold for $195,000
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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.

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.