OFF MARKET

7/23 Beach Street
Merimbula NSW 2548

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1195m2
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Property Details for 7/23 Beach St, Merimbula

7/23 Beach St, Merimbula is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a land size of 1195m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1999
Land Size
1195m2
Local Government
Bega Valley
Lot/Plan
7/SP60582

Last Listing description (February 2021)

Offering a superlative location just minutes from town and incredible water views, this managed apartment is sure to represent value to investors and holiday makers alike. Lift access from the undercover car park on Beach Street brings you to a single level 1 bedroom property. Internally the apartment comprises a large master bedroom, a bathroom with a spa and a spacious living/dining area. Opening out from the living zone is a large balcony set to soak in expansive views from Merimbulas Lake to the Bar and Headland.
Further features include excellent holiday management returns, swimming pool access, all furnishings included, reverse cycle air conditioning and a restaurant within the complex.

Property History for 7/23 Beach St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$261,000
10 Feb 2021
  • 10 Feb 2021
    Sold for $261,000
  • 17 Dec 2020
    Listed for Sale $270,000
  • 21 Jan 2013
    Listed for Sale $235,000
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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 3,592 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 64 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Merimbula.

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