OFF MARKET

5/3-5 Short Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 1371m2
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Property Details for 5/3-5 Short St, Merimbula

5/3-5 Short St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1371m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in November 1987.

Building Type
Unit
Year Built
1980
Floor Size
80m2
Land Size
1371m2
Local Government
Bega Valley
Lot/Plan
5/SP16783

Last Listing description (November 2023)

Discover the ultimate in waterfront living with this captivating two-bedroom unit, perfectly situated just a leisurely stroll from the heart of town. Offering breathtaking panoramic views of Merimbula Lake, this ground-floor oasis is a testament to easy living and elegant style.

Key Features:

1. Mesmerizing Views: Wake up to the beauty of Merimbula Lake, a constantly changing masterpiece that stretches out to meet the endless horizon of the ocean. Every room in this unit is designed to capture and celebrate these stunning vistas.

2. Seamless Accessibility: Accessibility is a breeze, thanks to the ground-floor location and two entrances. Whether you're returning from a day of shopping or coming home with groceries, you'll appreciate the convenience.

3. Abundant Natural Light: The formal lounge area is bathed in natural light, thanks to numerous windows that not only showcase the view but also create a warm and inviting atmosphere.

4. A Chef's Haven: The separate kitchen and meals area is a culinary delight, featuring a well-appointed kitchen that opens onto a small deck. Sip your morning coffee as you soak in the serene lake and ocean panoramas.

5. Spacious Bedrooms: Two extra-large bedrooms, complete with built-in robes, provide ample space for relaxation and personal storage.

6. Luxurious Bathrooms: The very spacious bathroom/laundry combination adds a touch of luxury to your daily routine, with a separate toilet for added convenience.

7. Direct Carport Access: Easily park your vehicle in the carport and walk directly into your unitno need to worry about inclement weather or carrying heavy bags.

8. Versatility at Its Best: This property is incredibly versatile, catering to owner-occupiers looking for a peaceful haven, those seeking a delightful holiday retreat, or savvy investors eyeing a permanent rental opportunity.

9. Move-In Ready: The owner is motivated and has meticulously prepared the property for a seamless transition to its new owner. Simply move in and start enjoying the lakeside lifestyle.

Property History for 5/3-5 Short St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$78,500
16 Nov 1987
  • 03 Oct 2023
    Listed for Sale $595,000
  • 04 Feb 2022
    Listed for Sale Price Guide $700,000
  • 16 Nov 1987
    Sold for $78,500

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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.