OFF MARKET

5/121-123 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 2872m2
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Property Details for 5/121-123 Merimbula Dr, Merimbula

5/121-123 Merimbula Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 2872m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in March 2006.

Building Type
Unit
Year Built
1977
Floor Size
57m2
Land Size
2872m2
Local Government
Bega Valley
Lot/Plan
5/SP12472

Last Listing description (May 2024)

Discover this inviting 2-bedroom unfurnished unit with a private balcony and stunning views of Merimbula Township. The unit features a cozy lounge, both bedrooms come with built-in robes, and the kitchen is equipped with electric cooking.

Off-street parking is available for one vehicle, and a long-term lease of 12 months provides stability.

Please note, pets are not allowed.

* Available NOW

** Please apply for the property - Shortlisted applicants will be contacted to view the property.

Property History for 5/121-123 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$146,000
01 Mar 2006
Listed for Rent
$380/w
11 Aug 2023
  • 06 Mar 2024
    Listed for Rent $380 / week
  • 11 Aug 2023
    Listed for Rent $380 / week
  • 24 Aug 2022
    Listed for Rent $350 / 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.