OFF MARKET

31/1 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 134m2
Land area: 1914m2
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Property Details for 31/1 Elizabeth St, Merimbula

31/1 Elizabeth St, Merimbula is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 1914m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2006
Floor Size
134m2
Land Size
1914m2
Local Government
Bega Valley
Lot/Plan
6/SP81754

Last Listing description (August 2021)

Set within the COAST RESORT, offering the highest standard of both residential and holiday accommodation on the far South Coast, is this Contemporary, 3 bedroom, 2 bathroom townhouse with double lock up garage. Bedrooms and bathrooms make up the lower level, while upstairs, the modern kitchen with stone benchtops, Smeg oven and cooktop, overlooks the Resort pool and sneaks water views south toward the back lake. Separate powder room and storage cupboard, through to huge oversized living area with reverse cycle heating/cooling, high ceilings and picturesque views down to the Merimbula Lake. Commercial style glass sliders provide a further extension to that living area with a huge undercover alfresco balcony that offers privacy and a sunny northerly aspect into the property. The Resort is set amongst bird filled native landscaping with 2 pools, tennis court and is only minutes' walk to Merimbula's main beach, the iconic Mitchie's Jetty, pub, town, shops and restaurants. Offering flexibility to enjoy as a home, a holiday haven, investment or a combination of all In today's market, this townhouse is outstanding value for money and will not last long!
Strata Fees: $ 6280pa / Council Rates: $2700pa

Property History for 31/1 Elizabeth St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$810,000
13 Aug 2021
  • 13 Aug 2021
    Sold for $810,000
  • 08 Jul 2021
    Listed for Sale Price Guide $800,000
  • 02 Mar 2012
    Sold for $270,000

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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 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.