3/20 Munn StreetMerimbula NSW 2548
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.
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
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
- 16 Aug 2019Sold for $202,000
- 04 Sep 2017Listed for Sale $225,000
- 16 Dec 2013Sold 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 3,591 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.
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