SOLD
RECENT ADVICE
Sold on 28 Feb 2024 for $745,000

49/1 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 49/1 Elizabeth St, Merimbula

49/1 Elizabeth St, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Local Government
Bega Valley
Lot/Plan
3/SP77822

Last Listing description (February 2024)

Luxury low maintenance living is offered with this immaculate 2 bedroom, 2 bathroom ground floor apartment. Located in the fabulous “Coast Resort” with the added benefits of two sparkling swimming pools including infinity pool, full size tennis court and bbq facilities set amongst beautifully landscaped native gardens.
Enjoy spacious open plan living with high ceilings and reverse cycle a/c. Chic modern kitchen with stone benches and quality stainless steel appliances. New carpets and freshly painted throughout. Generous covered alfresco balcony. Large master bedroom features walk-in robe and ensuite bathroom.
Car accommodation is well catered for with 2 private underbuilding car spaces plus lockable storage cage. This desirable location boasts the convenience of being within a few minutes level walk of patrolled beaches, the popular “Mitchies Jetty” and the cafes, shops and restaurants in Merimbula's CBD.

Whether you're looking for a permanent living resort lifestyle, holiday investment or a base to lock-up and leave with no maintenance to worry about this beautifully presented property caters for all occasions. Available to be purchased fully furnished makes this an effortless opportunity.

Property History for 49/1 Elizabeth St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$745,000
28 Feb 2024
Listed for Rent
21 Oct 2013
  • 28 Feb 2024
    Sold for $745,000
  • 06 Mar 2023
    Listed for Sale $799,000 - $829,000 Price Guide
  • 11 Oct 2021
    Sold
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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 63 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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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.