5/22 Elizabeth St, Merimbula is a 2 bedroom, 2 bathroom Unit.
Perfectly positioned on Fishpen Road across the road from the lake, this immaculately maintained ground floor apartment is a fantastic lifestyle investment. Accommodation includes 2 bedrooms, 2 bathrooms, and open plan living. Features include reverse cycle air-conditioning, under cover parking and a shared swimming pool. A short stroll from the surf at Main Beach and to the centre of town. Not only is this one of the best complex's to stay in Merimbula, it also offers a solid return on investment. It would be hard to find a better investment in today's property market. The ground floor only makes this apartment more appealing eradicating the need to manoeuvre steps.
Having views over Merimbula lake and being a level walk to the nearby beaches & shops, add to the attraction of this holiday complex. Sails Apartments offer 4 star luxury accommodation, with swimming pool, BBQ area and well maintained grounds. Apartments in this complex are tightly held and highly sought after.
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:
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