OFF MARKET

71 Monaro Street
Merimbula NSW 2548

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 197m2
Land area: 856m2
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Last updated 11 Nov 2024
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Property Details for 71 Monaro St, Merimbula

71 Monaro St, Merimbula is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 856m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Floor Size
197m2
Land Size
856m2
Local Government
Bega Valley
Lot/Plan
162/DP719027

Last Listing description (February 2023)

Ideally located within moments of Merimbula township this commanding yet private, five-bedroom family abode reveals an extensive free-flowing layout. Offering a completely self-contained downstairs two bedroom unit the property is filled with warmth and character and takes full advantage of it's beautiful North/Easterly aspect and stunning ocean and lake views. Delivering five spacious bedrooms, two bathrooms, designated study area, and sprawling entertaining domain has free-flowing living areas and a central kitchen with stainless steel appliances and separate downstairs kitchenette with open plan living. Expansive glass and sliding doors open up to maximise entertaining and provide the perfect place to enjoy the striking ocean views delivered from your private balcony. Positioned on 855sqm of land the property also has a large double garage, separate shed, established gardens and ample off street car parking options. With incredible investment potential or the opportunity to purchase with family, do not let this rare opportunity pass you by.

Property History for 71 Monaro St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$1,250,000
21 Feb 2023
  • 21 Feb 2023
    Sold for $1,250,000
  • 14 Dec 2022
    Listed for Sale $1,350,000
  • 24 Nov 2022
    Sold
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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 3,591 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 62 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 129 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.