92 Merimbula DriveMerimbula NSW 2548
Property Details for 92 Merimbula Dr, Merimbula
92 Merimbula Dr, Merimbula is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 803m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (December 2017)
This affordable investment featuring 3 apartments with lovely water views, cannot be overlooked.
Priced to sell and offering a good return for the successful purchaser.
1x 3 Bedroom apartment - recently renovated, new kitchen, freshly painted, new balcony, new carpet - featuring 2 living areas and large bedrooms and 2 bathrooms.
Each apartment comes with a minimum of 2 car spaces (including garage). Each apartment has its own private balcony and private laundry within each.
Rental return is $820 per week on this investment.
3 Bedroom - $350 per week
2 Bedroom - $250 per week
2 Bedroom - $220 per week
Not currently a strata complex, but information/quote kept on file for reference regarding changing this property to a strata complex. Available on request.
Choose to live in one apartment and rent out the other 2 apartments or rent out all 3... the option is yours!
For further information and to arrange inspections please call 02 6495 4545
Property History for 92 Merimbula Dr, Merimbula, NSW 2548
- 03 Mar 2020Listed for Rent $335 / year
- 13 Oct 2017Sold for $685,000
- 22 Jun 2017Listed for Sale $699,000
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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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