OFF MARKET

54/1 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 85m2
Land area: 533m2
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Property Details for 54/1 Elizabeth St, Merimbula

54/1 Elizabeth St, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 533m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
2006
Floor Size
85m2
Land Size
533m2
Local Government
Bega Valley
Lot/Plan
8/SP77822

Last Listing description (December 2021)

This beautiful light, bright, north-east facing upstairs apartment offers the ideal lifestyle. Featuring a quality kitchen with gas cooking and stone benchtops, an open plan living space flowing seamlessly out to the sun-filled balcony where you can sit back, relax, and unwind. Comprising of 2 bedrooms both with built-ins, two bathrooms that have been updated with modern fixtures, freshly painted throughout, and the addition of downlights this apartment is stylish, fresh, and ready to move straight into.

Boasting two convenient undercover car spaces, together with a lock-up storage cupboard to store your bikes, fishing rods, paddleboards, and much more.

You can simply lock and leave this property and go walking, surfing, SUP-boarding and fishing by taking advantage of the close proximity this property is to Merimbula's great cafes, walking paths, Main Beach, Lake, and Mitches Jetty. Or enjoy the facilities this popular complex has to offer, 2 heated swimming pools, a tennis court, and BBQ facilities.

Either live in, permanently let, or holiday let, the choice is yours!

Get in touch with us today to arrange an inspection or private virtual tour by appointment as this type of property is of high demand.

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Property History for 54/1 Elizabeth St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$455,000
13 Oct 2020
  • 13 Oct 2020
    Sold for $455,000
  • 01 Sep 2020
    Listed for Sale $459,000
  • 21 Oct 2019
    Sold for $410,000
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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 3,593 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:

  • The median value for Houses in Merimbula is $867,977 while the median value for Units is $514,621.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Merimbula.

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