OFF MARKET

5/522 Arthur Kaine Drive
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 100m2
Land area: 130m2
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Last updated 11 Nov 2024
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Property Details for 5/522 Arthur Kaine Dr, Merimbula

5/522 Arthur Kaine Dr, Merimbula is a 3 bedroom, 2 bathroom Unit and was built in 1994. The property has a land size of 130m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
Unit
Year Built
1994
Floor Size
100m2
Land Size
130m2
Local Government
Bega Valley
Lot/Plan
5/SP50494

Last Listing description (February 2019)

WOW!!! Huge 3 bedroom unit at a very low price. The name says it all. Waterview Apartments of Merimbula not only offer a view, they are one of the rare 3 bedroom 2 bathroom holiday managed apartments in Merimbula. Fantastic location across from lake and boat ramp and level stroll to town. Great financials with high occupancy make this a great property for investors and the size means that you can holiday yourself in luxury. Rarely do these apartments hit the market so don't wait. Take advantage of the holiday income to start your financial security.
3 bedrooms & 2 bathroom
Holiday managed apartment

Lake views
Excellent returns
Well Managed complex with level walk to town and across the road from boat ramp
Complex offers pool, BBQ facilities and off street parking

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Property History for 5/522 Arthur Kaine Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$276,500
06 Feb 2019
  • 06 Feb 2019
    Sold for $276,500
  • 10 Nov 2017
    Listed for Sale $299,900
  • 27 Apr 2015
    Listed for Sale $345,000
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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.

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