OFF MARKET

4/8 Reid Street
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 118m2
Land area: 1000m2
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Property Details for 4/8 Reid St, Merimbula

4/8 Reid St, Merimbula is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 1000m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
2010
Floor Size
118m2
Land Size
1000m2
Local Government
Bega Valley
Lot/Plan
4/SP86450

Last Listing description (June 2019)

Well located townhouse within easy reach of the centre of town in a complex of only FOUR. This 3 bedroom, 2 bathroom townhouse features double lock up garage with remote access, four balconies, reverse cycle air conditioning well equipped kitchen with dishwasher. With this townhouse being at the end of the complex it boasts the northerly aspect and also enjoys views over the town to the lake and out to Short Point and the ocean.

Property History for 4/8 Reid St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$381,500
05 Jun 2019
Listed for Rent
$400/w
30 Apr 2018
  • 05 Jun 2019
    Sold for $381,500
  • 21 May 2019
    Listed for Sale Not Disclosed
  • 03 Apr 2018
    Listed for Rent $400 / week
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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.

Suburb Insights for Merimbula 2548

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.