OFF MARKET

2/16-20 Merimbola Street
Pambula NSW 2549

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 1042m2
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Property Details for 2/16-20 Merimbola St, Pambula

2/16-20 Merimbola St, Pambula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 1042m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
1984
Floor Size
63m2
Land Size
1042m2
Local Government
Bega Valley
Lot/Plan
2/SP21922

Last Listing description (March 2020)

Ideally located in a quiet complex of only 4 strata units on the village fringe, this impressive brick villa has recently undergone a stylish transformation. The vaulted ceilings, modern finishes and rural outlook come together to create an inviting, sophisticated home. All the work is done, just move in and enjoy!

Light-filled and welcoming open plan living
Contemporary kitchen with dishwasher, gas cooking, bay window and soft-close drawers

Stay comfortable year-round with reverse cycle air conditioning plus ceiling fans
Two bedrooms with built-in-robes
Freshly updated bathroom/laundry with large vanity
New front verandah plus easy-care enclosed rear courtyard and single carport
Fantastic investment prospect rental demand in Pambula consistently strong

Conveniently positioned just 450 metres to Pambulas main street, leave the car at home and take an easy stroll to shops, cafes, restaurants and town amenities. Head across to the Pambula markets held every 2nd Sunday of the month, only a 5-minute walk away. Beach days are just a 3.4km walk, bike ride or drive.

Property History for 2/16-20 Merimbola St, Pambula, NSW 2549

A timeline of how this property has performed in the market
Last Sold
$310,000
28 Feb 2020
Listed for Rent
$280/w
11 Apr 2016
  • 28 Feb 2020
    Sold for $310,000
  • 11 Oct 2019
    Listed for Sale Not Disclosed
  • 26 Nov 2016
    Listed for Sale $270,000
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About Pambula 2549

The size of Pambula is approximately 7.8 square kilometres. It has 4 parks covering nearly 29.3% of total area. The population of Pambula in 2011 was 866 people. By 2016 the population was 975 showing a population growth of 12.6% in the area during that time. The predominant age group in Pambula is 60-69 years. Households in Pambula are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pambula work in a trades occupation. In 2011, 72.2% of the homes in Pambula were owner-occupied compared with 70.2% in 2016.

Pambula has 712 properties. Over the last 5 years, Houses in Pambula have seen a 71.82% increase in median value, while Units have seen a 54.09% increase. As at 31 October 2024:

  • The median value for Houses in Pambula is $774,881 while the median value for Units is $494,102.
  • Houses have a median rent of $380 while Units have a median rent of $250.
There are currently 17 properties listed for sale, and no properties listed for rent in Pambula on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Pambula.

Suburb Insights for Pambula 2549

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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.