OFF MARKET

5 Henwood Street
Merimbula NSW 2548

Bedrooms: 9
Bathrooms: 4
Car spaces: 4
Land area: 1174m2
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Last updated 11 Nov 2024
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Property Details for 5 Henwood St, Merimbula

5 Henwood St, Merimbula is a 9 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 1174m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Land Size
1174m2
Local Government
Bega Valley
Lot/Plan
69/DP16678

Last Listing description (November 2017)

Here is your chance to further improve and profit with your golden touch (STCA). This complex has the perfect balance within easy access to beaches, schools, cafes and transport. A unique opportunity not to be missed. Situated on a whopping 1144m2 block (approx) with water frontage. The 4 units consist 1 x 3 bedroom & 1 bathroom and 3 x 2 bedrooms & 1 bathroom. All the units have their own entertain area with views over the lake. Currently let on a permanent basis and receiving $52,000 per annum, (approx) the units offer a multitude of options for the discerning investor.

Property History for 5 Henwood St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$830,000
22 Nov 2017
Listed for Rent
$220/w
18 Jul 2009
  • 22 Nov 2017
    Sold for $830,000
  • 05 Oct 2017
    Listed for Sale $879,000
  • 06 Sep 2016
    Listed for Sale $879,000
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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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