OFF MARKET

4/3 Chapman Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 1344m2
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Property Details for 4/3 Chapman Ave, Merimbula

4/3 Chapman Ave, Merimbula is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 1344m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1980
Floor Size
55m2
Land Size
1344m2
Local Government
Bega Valley
Lot/Plan
4/SP17331

Last Listing description (February 2023)

This single level holiday-managed property in Chapman Court Apartments is located only a short flat stroll Main Beach and is as good as it gets when finding the perfect balance between a holiday home and a return on investment.

Everything you need for the perfect holiday is right at your doorstep. Only two minutes to be lakeside and a flat walk across the bridge takes you back into town for restaurants shops and clubs. Enjoy the views from the living area, relax outside around the pool and B.B.Q. area or stroll to Mitchie's Jetty or to Main Beach.

The fully furnished unit features two bedrooms both with built-ins, a nicely updated kitchen, combined bathroom/laundry, and air conditioning.

The unit is on-site managed so you can sit back while someone else does all the work. All figures are available on request.

Please note this complex does not allow permanent residence.

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Property History for 4/3 Chapman Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$225,000
18 Jan 2023
  • 18 Jan 2023
    Sold for $225,000
  • 14 Jul 2022
    Listed for Sale SOLD - $225,000
  • 19 Sep 2017
    Listed for Sale $130,000
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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 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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