1/8 Tern Close, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
 
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1/8 Tern Close
Merimbula NSW 2548

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 136m2
Land area: 735m2
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Property Details for 1/8 Tern Cl, Merimbula

1/8 Tern Cl, Merimbula is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 735m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
2003
Floor Size
136m2
Land Size
735m2
Local Government
Bega Valley
Lot/Plan
1/SP76286

Last Listing description (May 2024)

Impressively poised and sophisticated with its unique blending of texture and impeccable style, this well built double-story, four-bedroom home has the perfect balance of space, elegance and quality for family living, presenting the height of luxury through high ceilings, high-end finishes and modern design for a laid-back lifestyle. Unwind in your tranquil surrounds where you are afforded a rare level of convenience and lifestyle, just metres from the sparkling Top Lake of Merimbula and only a short drive to all the spoils of the township and beaches.
?Captivating from the onset and opening to reveal an intelligent layout, welcomed by a light-filled entrance and living/study area.
?A neutral and crisp colour palette is highlighted by square set cornice and a quality fit out throughout the home.

?Open plan living domain upstairs with stunning stone-topped entertainers kitchen comprising high-end appliances, leading out to undercover and open alfresco area
?Seamlessly connecting to the main living area through glass sliding doors discover a low-maintenance balcony
?Stylish master suite with large walk-in robe and stylish ensuite and designated laundry is situated on the ground floor
?A further three bedrooms (two with built-in-robes) and a central bathroom with bathtub complete the downstairs layout
?Double secure oversized garage with internal access, and reverse cycle heating and cooling throughout
?Conveniently located close to stunning beaches, cafes and restaurants and the Merimbula Airport
?Ideal for large families, retirees, holiday, investors

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Property History for 1/8 Tern Cl, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$950,000
28 Nov 2023
  • 28 Nov 2023
    Sold for $950,000
  • 12 Apr 2022
    Listed for Sale Price Guide $989,000 - $1,029,000
  • 07 Mar 2011
    Sold for $555,000
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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 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 3,600 properties. Over the last 5 years, Houses in Merimbula have seen a 46.23% increase in median value, while Units have seen a 68.79% increase. As at 30 November 2025:

  • The median value for Houses in Merimbula is $897,650 while the median value for Units is $550,747.
  • Houses have a median rent of $700 while Units have a median rent of $480.
There are currently 52 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 176 properties were sold in the past 12 months in Merimbula.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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