1/121-123 Merimbula Drive, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
OFF MARKET

1/121-123 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 2872m2
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Property Details for 1/121-123 Merimbula Dr, Merimbula

1/121-123 Merimbula Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 2872m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
1977
Floor Size
71m2
Land Size
2872m2
Local Government
Bega Valley
Lot/Plan
1/SP12472

Last Listing description (March 2026)

1/121-123 Merimbula Drive, Merimbula
Welcome to your new coastal retreat!
This beautifully presented 2-bedroom unit is perfectly situated along the scenic Merimbula Drive, offering breathtaking water views and a lifestyle of tranquility and convenience. Step inside to discover a light-filled living space adorned with hybrid flooring that flow seamlessly throughout. The unit features a reverse cycle air conditioning system, ensuring year-round comfort. The kitchen includes ample storage, with electric appliances and the internal laundry adds to the practicality of this charming home.

2 spacious bedrooms featuring built-in robes, providing ample storage and comfort with 1 well-appointed bathroom designed for functionality and ease with a shower, vanity and toilet.
Step out onto your private balcony, the perfect spot to unwind while soaking in the stunning water views and enjoy your morning coffee.
Enjoy the convenience of an open parking space right at your doorstep.
This unit is perfect for first-time buyers, investors, or those looking to downsize without compromising on lifestyle. Don't miss your chance to own this piece of paradise!
Contact Tammy or Amy today on to arrange a viewing and make this dream unit your own!

Council Rates - Approx $3,426 per annum
Strata Levies - Approx $6,972 per annum

Property History for 1/121-123 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$229,000
26 Jun 2019
  • 14 Apr 2025
    Listed for Sale $449,000
  • 26 Jun 2019
    Sold for $229,000
  • 28 May 2019
    Listed for Sale Not Disclosed
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About Merimbula 2548

The size of Merimbula is approximately 18.3 square kilometres. There are 14 parks, covering nearly 8.6% of the total area. The population of Merimbula in 2016 was 3544 people. By 2021 the population was 3821 showing a population growth of 7.8% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation.In 2021, 63.00% of the homes in Merimbula were owner-occupied compared with 58.30% in 2016.

Merimbula has 3,611 properties. Over the last 5 years, Houses in Merimbula have seen a 34.05% increase in median value, while Units have seen a 46.04% increase. As at 30 April 2026:

  • The median value for Houses in Merimbula is $942,798 while the median value for Units is $538,432.
  • Houses have a median rent of $700 while Units have a median rent of $480.
There are currently 38 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 153 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.