OFF MARKET

5/10-12 Reid Street
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 147m2
Land area: 2054m2
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Property Details for 5/10-12 Reid St, Merimbula

5/10-12 Reid St, Merimbula is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 2054m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2009
Floor Size
147m2
Land Size
2054m2
Local Government
Bega Valley
Lot/Plan
5/SP84611

Last Listing description (September 2023)

Fabulous townhouse walking distance to the township of Merimbula, located on the beautiful Sapphire Coast. Beach living is highly sort and this exceptionally well designed and positioned residence takes in the northerly aspect as well as creating the serene bush outlook with town and ocean views.
3 levels of well-proportioned living and bedroom spaces. Middle level which is accessed from parking level boasts a lovely spacious and light open plan lounge and kitchen area. This space opens to a private undercover alfresco area with the water views and bush outlook.
Make your way upstairs and you will find the perfect parents retreat. A large bedroom with walk in robe, generous sized bathroom, plus additional room that would make the ideal library/sitting area or study and your own private balcony that is large enough to fit the modern lay back couches where you can once again enjoy the views on offer.

Downstairs there are 2 further bedrooms all with built-in robes and a 3rd deck space accessed by both bedrooms. Main bathroom, laundry, external access and plenty of under-house storage.
Further features of this fabulous property is a double remote garage, low maintenance gardening, 2 x reverse cycle air-conditioning, lovely tiled living areas with carpets in bedrooms.

Property History for 5/10-12 Reid St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$745,000
12 Sep 2023
Listed for Rent
$400/w
07 Nov 2013
  • 12 Sep 2023
    Sold for $745,000
  • 17 Jul 2023
    Listed for Sale $749,000
  • 05 Feb 2021
    Sold for $520,000
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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.
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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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.