5/1 Marine ParadeMerimbula NSW 2548
Property Details for 5/1 Marine Pde, Merimbula
5/1 Marine Pde, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 1811m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (September 2016)
This rare opportunity to acquire a lovely 2 bedroom unit 100 meters from the beach that you can live in, rent out or holiday let will not last long at this price. Features 2 bedrooms both with robes, well appointed kitchen and utility bathroom. The grounds are well cared for and include an in-ground pool. Situated a hop, skip and a jump from local caf and beach, this unit will appeal to investors and owner occupiers alike.
Property History for 5/1 Marine Pde, Merimbula, NSW 2548
- 11 Jun 2021Sold
- 09 Sep 2016Sold for $175,000
- 23 Aug 2016Listed for Sale $175,000
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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 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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