SOLD
RECENT ADVICE
Sold on 15 Aug 2024 for $680,000

61/1 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 61/1 Elizabeth St, Merimbula

61/1 Elizabeth St, Merimbula is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Merimbula in the last 12 months.

Building Type
Apartment
Local Government
Bega Valley
Lot/Plan
7/SP84415

Last Listing description (August 2024)

Imagine waking up every day in a place that feels like a perpetual vacation. Welcome to Unit 61 at the Coast Complex, nestled in the heart of Merimbula's vibrant Fishpen Peninsula. This isn't just an apartment; it's your gateway to a lifestyle where the beach is your backyard, and the best coffee and food culture is just a stroll away.

Key Features:
• Bedrooms: 2 spacious bedrooms designed for comfort and relaxation.

• Bathrooms: 2 modern, well-appointed bathrooms.
• Living Area: An expansive, sunny/north facing living space that effortlessly flows into a large balcony through stunning bifold doors. Perfect for bringing the outside in and entertaining guests.
• Parking: Secure underground parking for 2 vehicles, complete with a lock-up storage for all your beach gear.
• Position: Centrally located within the complex, offering peace and quiet away from the hustle and bustle.

Resort-Style Amenities:
• Pools: Enjoy not one, but two in-ground pools for leisurely swims or laps.
• Tennis Court: Sharpen your serve and stay active on the full-size tennis court.
• Security and Convenience: Secure underground parking with easy access, ensuring your peace of mind.

A Slice of Paradise:
Unit 61 offers a unique blend of luxury and convenience. With a recent rental income of $610 per week, this property is not just a home but a smart investment. Whether you choose to live here permanently or rent it out during the peak holiday seasons, the options are endless.

Prime Location:
The Fishpen Peninsula is known for its laid-back vibes and friendly atmosphere. Step out of your front door and be greeted by the sound of waves.

Your Future Awaits:
Don't miss your chance to secure a piece of this coastal paradise. Apartments in the Coast Complex are in high demand, and Unit 61 is a gem that won't last long. Embrace the opportunity to live in a home where every detail is designed for your ultimate comfort and enjoyment. This is a place where life is lived to the fullest, and every day feels like a holiday.

Property History for 61/1 Elizabeth St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$680,000
15 Aug 2024
Listed for Rent
$610/w
25 May 2023
  • 15 Aug 2024
    Sold for $680,000
  • 30 May 2024
    Listed for Sale $690,000 - $710,000
  • 12 May 2023
    Listed for Rent $610 / week
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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 3,592 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 63 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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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.