OFF MARKET

8/81 Main Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 80m2
Land area: 2082m2
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Property Details for 8/81 Main St, Merimbula

8/81 Main St, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 2082m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
2004
Floor Size
80m2
Land Size
2082m2
Local Government
Bega Valley
Lot/Plan
8/SP72751

Last Listing description (November 2023)

Located in close proximity to Merimbula's lively main street and a short distance from the serene waters of Merimbula Lake, Sorrento provides a tranquil and family-friendly atmosphere, while still being within walking distance of cafes, restaurants, shops, and other amenities.

Unit 8 is positioned at the rear of the building and benefits from ample natural light due to its north-facing aspect. It is also one of the most private and quiet units in the complex, with its many floor-to-ceiling windows providing a bright and sun-filled open plan kitchen and living area throughout the colder months of the year.

The covered balcony, accessible from the living room, allows you to observe family activities such as swimming or barbecuing by the pool. Additionally, the spacious master bedroom features two wardrobes and an en suite, while the second bedroom is also generously sized with a large closet and adjacent to the main bathroom and a separate laundry.

Since the building is zoned residential, you have the option of using it as a permanent residence, a holiday home, or a managed investment. Property to be sold fully furnished.

Property History for 8/81 Main St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$220,000
21 Jun 2019
  • 04 Jan 2023
    Listed for Sale $650,000
  • 21 Jun 2019
    Sold for $220,000
  • 25 Mar 2019
    Listed for Sale Not Disclosed
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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 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 60 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.