SOLD
Sold on 23 May 2024 for $272,500

6/16 Chapman Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 1635m2
Sold By
Merimbula Realty P/L
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Property Details for 6/16 Chapman Ave, Merimbula

6/16 Chapman Ave, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1635m2 and floor size of 58m2. 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
1980
Floor Size
58m2
Land Size
1635m2
Local Government
Bega Valley
Lot/Plan
6/SP17648

Last Listing description (June 2024)

Looking for your ideal beach lifestyle then look no further than this low maintenance unit located on the popular fishpen peninsula. Features 2 bedrooms, 1 bathroom, well appointed kitchen and lounge area with adjoining sunny balcony and undercover carport. The property is serviced under management rights so all the hard work is done for you. within just a short stroll to main beach, local playgrounds and over the bridge into town.

Property History for 6/16 Chapman Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$272,500
23 May 2024
  • 23 May 2024
    Sold for $272,500
  • 01 Mar 2024
    Listed for Sale $295,000
  • 12 Aug 2016
    Sold for $105,000
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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 3,591 properties. Over the last 5 years, Houses in Merimbula have seen a 57.40% increase in median value, while Units have seen a 64.11% increase. As at 31 October 2024:

  • The median value for Houses in Merimbula is $861,631 while the median value for Units is $521,351.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 128 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.