SOLD
Sold on 19 Apr 2024 for $410,000

5/15 Short Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 1834m2
Sold By
Merimbula Realty P/L
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Property Details for 5/15 Short St, Merimbula

5/15 Short St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 1834m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
64m2
Land Size
1834m2
Local Government
Bega Valley
Lot/Plan
5/SP30164

Last Listing description (April 2024)

Embark on an extraordinary living experience with this fully renovated 2-bedroom, 1-bathroom residential unit in Merimbula. Once the manager's residence, this gem has been transformed into a versatile space, perfect for both personal enjoyment and a solid permanent residential investment.

The unit boasts unparalleled panoramic views that stretch as far as the eye can see. Revel in the luxury of modern aesthetics seamlessly blended with timeless elegance throughout the entirety of this remarkable home.

Situated in a tranquil 9-unit complex with a pool, the property offers a peaceful retreat while maintaining proximity to the town. This strategic location strikes the perfect balance between serenity and accessibility.

Whether you're seeking a weekend escape or a lucrative investment opportunity, this residence caters to both desires. Its versatile nature opens doors to various possibilities for homeowners and investors alike.

Your convenience is further prioritized with a dedicated car parking space, ensuring seamless access to this haven. Act now, as opportunities to acquire a unit with such extraordinary views are scarce.

Property History for 5/15 Short St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$410,000
19 Apr 2024
  • 19 Apr 2024
    Sold for $410,000
  • 01 Jun 2019
    Listed for Sale $390,000
  • 25 Jul 2017
    Listed for Sale $299,900
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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.