SOLD
Sold on 29 May 2024 for $550,000

6/10-16 Marine Parade
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 4400m2
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Property Details for 6/10-16 Marine Pde, Merimbula

6/10-16 Marine Pde, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 4400m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Year Built
1991
Floor Size
69m2
Land Size
4400m2
Local Government
Bega Valley
Lot/Plan
6/SP39771

Last Listing description (May 2024)

Situated on the popular Fishpen precinct, this luxury and fully renovated ground floor apartment offers the perfect beach lifestyle. Features include two large bedrooms both with robes, utility bathroom with laundry, spacious open plan living area with reverse cycle air-conditioning and modern kitchen with stone benches, stainless steel appliance and ample storage. Property has single lock up garage, undercover alfresco area and fabulous resort pool. Sold without a management contract the property gives you the flexibility to occupy permanently or retain as a great investment opportunity. Do not let this opportunity pass you by. Strata Levies; $6200 per annum - Council Rates; $3400 per annum.

Property History for 6/10-16 Marine Pde, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$550,000
29 May 2024
  • 29 May 2024
    Sold for $550,000
  • 13 May 2024
    Listed for Sale Price Guide $550,000
  • 24 Nov 2022
    Listed for Sale $649,000
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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 3,594 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.
There are currently 64 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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James Cravana
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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.