56/1 Elizabeth StreetMerimbula NSW 2548
Property Details for 56/1 Elizabeth St, Merimbula
56/1 Elizabeth St, Merimbula is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces and was built in 2006. The property has a floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Merimbula in the last 12 months.
Last Listing description (July 2024)
Set within the COAST RESORT, offering the highest standard of both residential and holiday accommodation on the far South Coast, is this Contemporary 2 bedroom, 2 bath room apartment, with separate laundry and 2 undercover, secure car spaces – in addition to separate lock up storage area. Enjoy open plan living, extending to a generous outdoor alfresco balcony with a Northerly aspect. Modern kitchen with stone benchtops, Smeg oven and gas cooktop, reverse cycle heating/cooling and high ceilings. The Resort is set amongst bird filled native landscaping with 2 pools, tennis court and is only minutes' walk to Merimbula's main beach, the iconic Mitchie's Jetty, pub, town, shops and restaurants. Offering flexibility to reside permanently, enjoy as a coastal holiday retreat, investment opportunity or a combination of all.
Council Rates Approx $3150 / Strata Approx $7737pa
Property History for 56/1 Elizabeth St, Merimbula, NSW 2548
- 25 Jul 2024Sold for $700,000
- 24 May 2023Listed for Sale $725,000-$750,000 Price Guide
- 09 Jan 2012Sold for $300,000
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0About 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 3,594 properties. Over the last 5 years, Houses in Merimbula have seen a 65.73% increase in median value, while Units have seen a 59.89% increase. As at 31 August 2024:
- The median value for Houses in Merimbula is $893,586 while the median value for Units is $519,097.
- Houses have a median rent of $650 while Units have a median rent of $480.
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