OFF MARKET

3/7 Burton Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 1546m2
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Property Details for 3/7 Burton Ave, Merimbula

3/7 Burton Ave, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 1546m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
1983
Floor Size
47m2
Land Size
1546m2
Local Government
Bega Valley
Lot/Plan
3/SP20553

Last Listing description (November 2019)

Located approximately 100metres from Merimbula Lake and only a short stroll to Main beach. This stunning 2 bedroom, 1 bathroom single level unit situated in Waratah Court is fully renovated and sure to impress. In a spacious complex of only 8 units and a highly sought-after location you will need to be quick. Boasting an open plan living area, good size bedrooms with built in robes and a well laid out kitchen. This perfect property is the ideal start to your investment portfolio or the ideal solution to stop paying rent. Either live-in, holiday let, or it would also make the perfect holiday getaway!

Property History for 3/7 Burton Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$295,000
20 Nov 2019
Listed for Rent
$200/w
10 Dec 2013
  • 20 Nov 2019
    Sold for $295,000
  • 12 Nov 2019
    Listed for Sale $300,000
  • 24 Mar 2016
    Sold for $145,000
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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 3,592 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.

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