OFF MARKET

3/4 Reid Street
Merimbula NSW 2548

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 1004m2
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Last updated 11 Nov 2024
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Property Details for 3/4 Reid St, Merimbula

3/4 Reid St, Merimbula is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 1004m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1985
Floor Size
58m2
Land Size
1004m2

Last Listing description (September 2020)

This stunning central 1 bedroom unit has been renovated throughout with high-end finishes and plenty of the WOW factor. Located only a short stroll to Merimbula township and in a very well maintained complex of only 4 units.
The first walk through the door will draw you in with the large spacious living area and open plan kitchen which looks simply stunning. The polished cement floors let off plenty of light and give a warmth feeling to the unit. North facing with great size balcony off the living room where you can enjoy the tranquil views and private setting.
The main bedroom is large and will easily accommodate a king bed and other furnishings. Built in robes, quality window fittings, light paint colour all enhance this very inviting room.

The main bathroom has been designed to its full potential using the space very cleverly.
Separate laundry, reverse heating/cooling, and ceiling fans are extra features to compliment this apartment.
Single car space under cover with lockable cage area to store bikes, canoes etc.
This would be a fantastic apartment to live in, a weekender or investment property with absolutely nothing to spend.

Property History for 3/4 Reid St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$305,000
11 Sep 2020
Listed for Rent
$320/w
09 Apr 2020
  • 11 Sep 2020
    Sold for $305,000
  • 02 Jun 2020
    Listed for Sale $310,000
  • 09 Apr 2020
    Listed for Rent $320 / year
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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.