OFF MARKET

4/23 Monaro Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 1253m2
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Last updated 11 Nov 2024
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Property Details for 4/23 Monaro St, Merimbula

4/23 Monaro St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1253m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1975
Floor Size
70m2
Land Size
1253m2
Local Government
Bega Valley
Lot/Plan
4/SP16464

Last Listing description (September 2020)

Situated up the back of the complex ensuring privacy is this ground floor 2 bedroom unit within very close proximity to town. The unit can be lived in permanently or an investor can rent it and earn an income. This is an opportunity not to be missed to enter the real estate market.
The living area opens to a paved patio, the 2 bedrooms are of a good size and have built in robes.
The kitchen has been recently renovated and is a good working space, separate laundry and access to the back grassed common area.

There is a car space and with some freshening up this unit will come up a delight.
If you would like an inspection please dont hesitate to contact our office.

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Property History for 4/23 Monaro St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$205,000
18 Sep 2020
  • 18 Sep 2020
    Sold for $205,000
  • 11 Jun 2020
    Listed for Sale $219,000
  • 13 Oct 2016
    Sold for $165,000
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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 64 properties listed for sale, and 2 properties 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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