SOLD
Sold on 27 Mar 2024 for $760,000

69 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 3
Car spaces: 2
Floor area: 122m2
Land area: 764m2
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Property Details for 69 Merimbula Dr, Merimbula

69 Merimbula Dr, Merimbula is a 2 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 764m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Merimbula in the last 12 months.

Building Type
House
Floor Size
122m2
Land Size
764m2
Local Government
Bega Valley
Lot/Plan
23/DP23500

Last Listing description (October 2019)

Here is your chance to secure a highly sought after commercial/residential property in the heart of Merimbula. The property boasts a large flat allotment ideal for further development STCA. The residence offers 3 large bedrooms as well as a renovated kitchen and spacious open plan living and meals area. This immaculate property can be lived or would be Ideal an property for a medical practice , consulting rooms or offices. All on one level with easy access the potential here is substantial.

Property History for 69 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$760,000
27 Mar 2024
Listed for Rent
$240/w
20 Dec 2008
  • 27 Mar 2024
    Sold for $760,000
  • 20 Sep 2019
    Listed for Sale Not Disclosed
  • 23 Jan 2019
    Sold for $480,000
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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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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.