SOLD
RECENT ADVICE
Sold on 28 Feb 2024 for $649,000

3/23 Monaro Street
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 3/23 Monaro St, Merimbula

3/23 Monaro St, Merimbula is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit

Last Listing description (February 2024)

• Generous three bedroom unit in the heart of town
• Beautifully renovated with loads of character
• Stunning lake views

• Currently tenanted until May 2024
• Formally run as successful AirBnb known as Naro on Monaro

Welcome to coastal views, holiday vibes and loads of character!

The apartment features 3 bedroom, 1 bathroom with off street parking and a secure garage. It's perfectly located right in the heart of Merimbula with splendid views over the lake and town. You can wander on down to the main street and admire the gorgeous tidal estuary as you decide on the best place for dinner. It's just a ten-minute walk to the beach. Classy, cosy & charming, this property feels like a place you already know.

The space
The unit is a happy blend of contemporary living and old-school character - think 1970's meets the 21st century! Don't panic though - all the modern touches are here to be enjoyed: stone bench tops, dishwasher, walk in pantry, quality ABI brass hardware, waterfall shower, SMART TV's, block out roller blinds and ceiling fans. The place is light and bright with two living areas and roomy bedrooms – completed with two queen beds and two singles – perfect for families, couples or an astute investor.

There's a deck out front with a BBQ, ready for cooking your fresh catch of fish while you soak up the view. Out back there's a patio that's a real sun-catcher, perfect for morning coffee. Also featuring an open fireplace, for cosy winter evenings. Located within a small complex, complete with friendly neighbours and a shared backyard. And - even though it's conveniently close to town - it's also private and surprisingly quiet!

* Agent Declares Interest

Property History for 3/23 Monaro St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$649,000
28 Feb 2024
Listed for Rent
$300/w
16 Sep 2019
  • 28 Feb 2024
    Sold for $649,000
  • 21 Nov 2023
    Listed for Sale $649,000
  • 01 Jul 2022
    Sold for $440,000
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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.
There are currently 62 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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Kim Poso
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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.