4/26 Reid StreetMerimbula NSW 2548
Property Details for 4/26 Reid St, Merimbula
4/26 Reid St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1435m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (November 2021)
Bright and sunny north facing 2 bedroom unit in prime position - only 300 metres
from the town centre shops, cafes and a short stroll to the beach, parks and school.
Offering large living area, modern kitchen, renovated bathroom, 2 generous bedrooms with lovely leafy outlook and built ins, and good size deck area.
Separate lock up storage area for bikes, boards and the like. Lake glimpses.
* Nothing to spend. Live in or rent out - either way it's a "win, win".
* Happily tenanted until December at $340 p/w.
* Won't last long in this crazy market.
Property History for 4/26 Reid St, Merimbula, NSW 2548
- 10 Nov 2021Sold for $400,000
- 19 Oct 2021Listed for Sale $399,000
- 11 Feb 2020Sold for $264,000
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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 3,593 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:
- 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.
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