OFF MARKET

3 Otway Close
Merimbula NSW 2548

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 309m2
Land area: 863m2
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Last updated 16 Sep 2024
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Property Details for 3 Otway Cl, Merimbula

3 Otway Cl, Merimbula is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 863m2 and floor size of 309m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1980
Floor Size
309m2
Land Size
863m2
Local Government
Bega Valley
Lot/Plan
33/DP703428

Last Listing description (December 2018)

PRICE REDUCED This is one very special house! Its location alone offering amazing privacy. Hugging the boardwalk and lake, the home is impressive in size and design and rarely is this kind of property & location offered for sale. 3 Bedrooms upstairs, separate spa room, ensuite and bathroom, then downstairs a fully self contained unit/studio. Great as family or Airbnb accommodation. High ceilings with celesta windows allowing the sun to flood the house which has generous everything: bedrooms, kitchen and bathrooms. Its a large family home or the ultimate in generous retirement living. Double garage plus separate large garage built for boat/caravan accommodation with high roller-door. You could launch from this location to lake and ocean. Go ahead spoil yourself.
4 bedrooms & 3 bathrooms
Self contained flat/studio

Spa room
Incredible privacy
Double garage with extra large boat garage
One owner home
Reserve and boardwalk to boundary

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Property History for 3 Otway Cl, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$730,000
22 Nov 2018
  • 22 Nov 2018
    Sold for $730,000
  • 08 Feb 2018
    Listed for Sale $999,990
  • 05 Jul 2016
    Sold
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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 3,595 properties. Over the last 5 years, Houses in Merimbula have seen a 65.73% increase in median value, while Units have seen a 59.89% increase. As at 31 August 2024:

  • The median value for Houses in Merimbula is $893,586 while the median value for Units is $519,097.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 63 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Merimbula.

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