OFF MARKET

87/1 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 2526m2
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Property Details for 87/1 Elizabeth St, Merimbula

87/1 Elizabeth St, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 2526m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2006
Floor Size
138m2
Land Size
2526m2
Local Government
Bega Valley
Lot/Plan
11/SP77945

Last Listing description (June 2022)

87/1 Elizabeth Street
Rare opportunity to secure an Ocean Side, single level, exclusive apartment in the sought after Coast Resort on the Merimbula's Fishpen Peninsula. This apartment will surprise you with its space, enhanced by the high ceilings and large sliding doors, which are key features of the Coast Resort. In addition, white kitchen with stone bench tops and quality appliances. Situated of the first floor, including 2 bed rooms and 2 bath rooms with loads of internal storage and study area. A large, light filled and airy open plan living space spills out to an oversized deck, with lovely leafy and water views. Bedroom one also adjoins the living area and has direct access to the deck. Bedroom 2 has a large walk in robe and ensuite. Adding to the long list of features, reverse cycle air-conditioning, gas hot water, 2 secure car spaces in the under building carpark, additional lockable storage cage and last but not least, a fully serviced lift from car to your 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, BBQ areas, and directly overlooking the recreational grassed land to golden sands of Merimbula's main beach. Minutes' walk to the popular Crankies caf, iconic Mitchies Jetty, pub, town, shops and restaurants.

Property History for 87/1 Elizabeth St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$1,100,000
03 Jun 2022
  • 03 Jun 2022
    Sold for $1,100,000
  • 14 Apr 2022
    Listed for Sale $1,100,000
  • 13 Sep 2010
    Sold for $500,000
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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.