8/1 Dunns LaneMerimbula NSW 2548
Property Details for 8/1 Dunns Lane, Merimbula
8/1 Dunns Lane, Merimbula is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 6413m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (September 2020)
Set on the ground floor, this welcoming property forms part of the Aquarius complex and enjoys prime position on the Fishpen Peninsular. Set on the end of the block, apartment 8 enjoys the added privacy of less neighbouring properties as well as additional windows. Internally, the property comprises 3 bedrooms (master with ensuite), a central living/dining area, combined bathroom/laundry and an open plan kitchen. Complex facilities include an indoor swimming pool, outdoor swimming pool, spa, tennis court, BBQ area and playground all with close proximity to the beach.
Generating excellent returns of approx. 4.5% net return p/a, the apartment represents incredible value for the astute investor or for those looking to secure a bolthole in the area. Please note that the property is not suitable for permanent living.
Property History for 8/1 Dunns Lane, Merimbula, NSW 2548
- 20 Mar 2020Sold for $220,000
- 25 Sep 2018Listed for Sale $210,000
- 30 Jul 2014Sold for $105,000
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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.
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