OFF MARKET

7/27-29 Beach Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 3110m2
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Property Details for 7/27-29 Beach St, Merimbula

7/27-29 Beach St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 3110m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1973
Floor Size
70m2
Land Size
3110m2
Local Government
Bega Valley
Lot/Plan
7/SP21027

Last Listing description (December 2017)

This is a rare waterfront apartment overlooking the Merimbula Lake and bay. The perfect place for a holiday and an ideal investment. Located within a popular holiday complex 'Penguin Mews' in the heart of Merimbula, central to our fantastic range of restaurants, clubs and shops. This ground level, front of house, fully renovated apartment has everything to offer, featuring two bedrooms, 1 bathroom and 1 car space. It is a managed holiday apartment, with experienced managers looking after your investment and your guests, to be sold fully furnished. Picture yourself, relaxing and enjoying a glass of wine & nibbles from your outdoor area overlooking the lake, oyster beds and the boats as they pass during your stay. The complex features a games room, BBQ entertaining area and heated pool. You have a dedicated car space plus plenty of public parking near the unit.

Property History for 7/27-29 Beach St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$254,000
04 Dec 2020
  • 04 Dec 2020
    Sold for $254,000
  • 05 Dec 2017
    Sold for $200,000
  • 21 Sep 2017
    Listed for Sale $200,000 (under offer)
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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.

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