OFF MARKET

5/108-110 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 1675m2
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Property Details for 5/108-110 Merimbula Dr, Merimbula

5/108-110 Merimbula Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 1675m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in February 2006.

Building Type
Unit
Year Built
1981
Floor Size
85m2
Land Size
1675m2
Local Government
Bega Valley
Lot/Plan
5/SP16288

Last Listing description (March 2022)

This second level unit is ideally located at the top of Merimbula Drive, offering easy access to town and a convenient lifestyle. Features include 2 bedrooms with built in robes, open plan lounge, dining and kitchen, and combined bathroom/laundry. New carpet in lounge and hallway area's.
Property has amazing views of the back lake off a private deck. 1 x undercover carport.
Unfurnished, no pets.

Property History for 5/108-110 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$205,000
01 Feb 2006
Listed for Rent
$395/w
28 Mar 2022
  • 14 Mar 2022
    Listed for Rent $395 / week
  • 14 Mar 2019
    Listed for Rent $265 / week
  • 01 May 2015
    Listed for Rent $220 / 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 59.02% increase in median value, while Units have seen a 64.31% increase. As at 30 September 2024:

  • The median value for Houses in Merimbula is $867,977 while the median value for Units is $514,621.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Merimbula.

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