56 Market StreetMerimbula NSW 2548
Property Details for 56 Market St, Merimbula
56 Market St, Merimbula is a 7 bedroom, 5 bathroom Unit with 4 parking spaces. The property has a land size of 904m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (July 2017)
Located right in the heart of Merimbula, The Ritzy Wine Bar is a Merimbula establishment like no other a restaurant, bar and cocktail lounge. The venue has a large, loyal clientele and their reviews have placed the venue as one of the best in Merimbula.
A groovy wine bar currently offering Australian and European wines, a wide range of local and imported beers complimenting a delicious tapas menu. Ritzy is a stylish but informal venue in the ever popular seaside town on the Sapphire Coast.
The venue suits anybody looking to expand or some seasoned operators that can really capitalise on the multiple revenue streams.
Property History for 56 Market St, Merimbula, NSW 2548
- 11 Mar 2020Sold for $1,065,000
- 20 Jan 2017Listed for Sale EOI
- 25 Apr 2015Listed for Sale Not Disclosed
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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 3,594 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.
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