5 Monaro StreetMerimbula NSW 2548
Property Details for 5 Monaro St, Merimbula
5 Monaro St, Merimbula is a 14 bedroom, 7 bathroom House with 7 parking spaces and was built in 1982. The property has a land size of 2190m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (September 2022)
Ideally located within a stone's throw of the centre of Merimbula this complex of units currently held on ONE title offers several options to the purchaser. FOUR two bedroom apartments at the front of the complex and THREE single level two bedroom villas at the rear. Set on a large allotment of in excess of 2000m2 (half acre) this is a very rare opportunity indeed. Potential for strata title (STCA), further development, renovate the units or hold in its current form and receive a strong return.
An easy stroll to the centre of town with an abundance of car accommodation this is one of the last opportunities to secure a single title block of units in Merimbula. For further details contact Gary Collins on 0427 348 789 or Leanne Higgins on 0497 291 731.
$1.9 million to $2.1 million
Property History for 5 Monaro St, Merimbula, NSW 2548
- 05 Sep 2022Sold for $2,039,000
- 22 Jul 2022Listed for Sale $1,900,000 to $2,100,000
- 04 Aug 2021Listed for Rent $320 / week
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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 3,591 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.
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