OFF MARKET

4/20 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 1942m2
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Property Details for 4/20 Elizabeth St, Merimbula

4/20 Elizabeth St, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1942m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2001
Floor Size
88m2
Land Size
1942m2
Local Government
Bega Valley
Lot/Plan
4/SP65930

Last Listing description (February 2023)

A rare opportunity to secure on "The Fishpen" that can give you the opportunity to live in, rent out, or use for your own holidays and still earn an income.
Located on the ground floor in a complex of only 8 units, this very well maintained complex with inground solar heated pool, undercover BBQ area and is only a very short stroll to Merimbula Main Beach and the Town Centre.
Glass sliding doors enter you through to an extra spacious and inviting north facing comfortable living space with reverse cycle air conditioning.

Dining area adjoins living space and enjoys a great sized "U" shaped kitchen with plenty of bench space and storage including breakfast bar.
2 great size bedrooms both with built in robes, Main bedroom has its own ensuite and the main bathroom has spa bath and is combined with the laundry.
Exceptionally well looked after internally and externally, light and bright and a small patio to sit out on and enjoy that lovely afternoon drink after a day by the pool.
The property can be sold fully furnished.
They say LOCATION LOCATION is the key and this unit definitely ticks that box.

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Property History for 4/20 Elizabeth St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$520,000
06 Feb 2023
  • 06 Feb 2023
    Sold for $520,000
  • 18 Jan 2023
    Listed for Sale $550,000
  • 02 May 2019
    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 3,592 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 60 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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