OFF MARKET

7/55 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 2289m2
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Property Details for 7/55 Merimbula Dr, Merimbula

7/55 Merimbula Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 2289m2 and floor size of 83m2.

Building Type
Unit
Year Built
1990
Floor Size
83m2
Land Size
2289m2
Local Government
Bega Valley

Last Listing description (July 2024)

FEATURES:
Space and plenty of light feature in this top level 2 bedroom unit in the heart of Merimbula. Large paved outdoor balcony adjoins for enjoying the ocean views.

FACTS:

Availability: Ready to Go Now!!
Lease: 12 months
Furnished: Yes
Parking: Single lock up garage
Cooking: Electric
Heating/Cooling: Ceiling Fans
Water Included: Yes
Pet Friendly: No Sorry

ACCOMMODATION: 2 bedrooms with built in wardrobes, open plan lounge/dining, study nook off lounge area, large kitchen opens out to large tiled courtyard. Very modern bathroom. Single lock up garage. Literally 1 minute walk to shops, cafes etc

Property History for 7/55 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Listed for Rent
$550/w
03 Jun 2024
  • 03 Jun 2024
    Listed for Rent $525 / week
  • 02 Jan 2023
    Listed for Sale $599,000
  • 05 Feb 2019
    Listed for Rent $320 / 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 3,593 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.

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.