OFF MARKET

55/1 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 85m2
Land area: 634m2
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Property Details for 55/1 Elizabeth St, Merimbula

55/1 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 634m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
2006
Floor Size
85m2
Land Size
634m2
Local Government
Bega Valley
Lot/Plan
1/SP84415

Last Listing description (May 2019)

Relax and unwind in this fabulous luxury apartment that will impress the moment you enter. Features include 2 bedrooms with robes, 2 bathrooms, fabulous open plan living with quality kitchen with s/s dishwasher and gas cooker and lounge area with reverse alfresco area and 2 carparks. This fabulous opportunity is too good to miss with it offering on-site resort pool, lap pool and tennis court. Either live in permanently, holiday or permanently let the choice is yours.

Property History for 55/1 Elizabeth St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$385,000
10 May 2019
  • 10 May 2019
    Sold for $385,000
  • 11 Mar 2019
    Listed for Sale $389,000
  • 09 Mar 2012
    Sold for $230,000

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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.

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.