OFF MARKET

5/131 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 25m2
Land area: 4015m2
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Last updated 4 Nov 2024
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Property Details for 5/131 Merimbula Dr, Merimbula

5/131 Merimbula Dr, Merimbula is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 4015m2 and floor size of 25m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1990
Floor Size
25m2
Land Size
4015m2
Local Government
Bega Valley
Lot/Plan
5/SP40599

Last Listing description (April 2023)

Unfurnished, studio apartment with kitchenette, separate bathroom and toilet. Reverse cycle A/C. Patio area. 1 x Car space. $300.00 pw.

Property History for 5/131 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$120,000
21 Apr 2021
Listed for Rent
$300/w
13 Apr 2023
  • 13 Apr 2023
    Listed for Rent $300 / week
  • 09 Jan 2023
    Listed for Rent $270 / week
  • 05 Jul 2021
    Listed for Rent $250 / 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 3,593 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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