OFF MARKET

7/522 Arthur Kaine Drive
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 136m2
Land area: 136m2
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Property Details for 7/522 Arthur Kaine Dr, Merimbula

7/522 Arthur Kaine Dr, Merimbula is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 136m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1995
Floor Size
136m2
Land Size
136m2
Local Government
Bega Valley
Lot/Plan
7/SP50494

Last Listing description (December 2021)

In the heart of the Sapphire Coast in Merimbula and just a days drive from Melbourne, Sydney or a few hours from Canberra.
Merimbula airport just minutes away.
That's how easy visitors can take advantage of a holiday in Merimbula.

Take the opportunity to invest in this luxury holiday managed apartment on the mid front level of the complex with uninterrupted panoramic views across the lake and town.
The apartment features 3 bedrooms main with ensite, bathroom with spa, generous living area and excellent kitchen all with views of the lake.
The property has a large balcony that looks over the Lake, under cover car space and access to the pool and covered BBQ area.
Good occupancy rates and figures.
A great investment because of the the way Australian's choose to holiday these days.

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Property History for 7/522 Arthur Kaine Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$550,000
16 Jun 2022
  • 16 Jun 2022
    Sold for $550,000
  • 07 Jul 2021
    Listed for Sale $575,000
  • 11 Aug 2006
    Sold for $352,000
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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 3,593 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 62 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.

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