4/40 Main StreetMerimbula NSW 2548
Property Details for 4/40 Main St, Merimbula
4/40 Main St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 2376m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.
Last Listing description (October 2018)
Two bedroom holiday unit
Ground floor position
Very short stroll to town / services
Fully landscaped surrounds (s/pool / BBQ)
Excellent income yields present
Off street vehicle accommodation
Property History for 4/40 Main St, Merimbula, NSW 2548
- 29 Apr 2024Sold for $485,000
- 07 Mar 2022Sold for $485,000
- 03 Mar 2021Sold for $330,000
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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 3,591 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.
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