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.
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.
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 3,593 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:
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