OFF MARKET

3/26 Reid Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 1435m2
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Last updated 11 Nov 2024
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Property Details for 3/26 Reid St, Merimbula

3/26 Reid St, Merimbula is a 2 bedroom, 1 bathroom Unit and was built in 1986. The property has a land size of 1435m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2009.

Building Type
Unit
Year Built
1986
Floor Size
60m2
Land Size
1435m2
Local Government
Bega Valley
Lot/Plan
3/SP31858

Last Listing description (August 2024)

Discover the epitome of modern living in this 2-bedroom unit, offering a private north-facing deck and a sunlit open plan living area. Step onto the inviting deck, drenched in sunlight, and relish moments of tranquility while you soak in the warm embrace of the sun. Inside, the open plan living area seamlessly connects living and dining spaces, creating a versatile and airy ambiance that exudes comfort and style.

Ideally situated, this home is just a short, level walk away from shops and clubs, ensuring you have everything you need within easy reach. Whether you're an owner-occupier seeking a cozy retreat or an investor looking for a valuable asset, this unit ticks all the boxes. Embrace the freedom of convenience and make this charming abode yours today.

Property History for 3/26 Reid St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$130,000
25 Aug 2009
Listed for Rent
$380/w
28 Oct 2022
  • 11 Dec 2023
    Listed for Sale $399,000
  • 18 Jul 2023
    Listed for Sale $430,000
  • 28 Oct 2022
    Listed for Rent $380 / week
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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 3,592 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 63 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 132 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.