OFF MARKET

79/1 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 114m2
Land area: 2526m2
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Property Details for 79/1 Elizabeth St, Merimbula

79/1 Elizabeth St, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 2526m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2008
Floor Size
114m2
Land Size
2526m2
Local Government
Bega Valley
Lot/Plan
3/SP77945

Last Listing description (November 2022)

Rare opportunity to secure an Ocean Side, single level, ground floor apartment in the sought after Coast Resort on Merimbula's Fishpen Peninsula. This two bedroom, 2 bath room apartment will surprise you with its space, enhanced by the high ceilings and large sliding doors, which are key features throughout the Coast Resort. The large, open plan living space incorporates a modern kitchen with stone bench tops and quality appliances. Its spills out to a large paved courtyard and lawn, which faces the recreational grassland and beyond to Merimbula's Main Beach imagine being 100 steps from your gate to the sand and the surf. Bedroom one also adjoins the living area and has direct access to the courtyard and study nook on the other side. Bedroom 2 has a large walk in robe and generous ensuite. Other features include reverse cycle air-conditioning, gas hot water, 2 secure car spaces in the under building carpark, ockable storage cage and a fully serviced lift from carport to door. The resort itself offers the highest standard of both residential and holiday accommodation on the far south coast. Set amongst bird filled native landscaping with 2 pools, tennis court and BBQ areas. Only minutes' flat walking to the popular Crankies caf, iconic Mitchies Jetty, pub, town, shops and restaurants. This easy living beach lifestyle could be yours to live in, rent out or holiday let contact us today to inspect, as opportunities in this prime location are seldom found. Council rates $2800pa / Strata $7800pa.

Property History for 79/1 Elizabeth St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$1,150,000
07 Nov 2022
  • 07 Nov 2022
    Sold for $1,150,000
  • 11 Oct 2022
    Listed for Sale $1.15m-$1.2m Guide
  • 20 Jun 2016
    Sold for $400,000
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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 63 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 132 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.