10 John Penn AvenueMerimbula NSW 2548
Property Details for 10 John Penn Ave, Merimbula
10 John Penn Ave, Merimbula is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 656m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom House sold in Merimbula in the last 12 months.
Last Listing description (August 2025)
Set in a peaceful cul-de-sac with close proximity to Merimbula's Top Lake, this three-bedroom home presents an incredible opportunity for buyers with vision. Enjoy sweeping views across the lake and hills from the living area, kitchen and rear deck.
Positioned directly beside a cleared nature reserve and just a short stroll to the Merimbula Boardwalk, the location offers a rare blend of privacy, tranquillity and convenience.
The home itself features:
• Open-plan living and dining area flowing onto a full-length deck
• Three bedrooms plus a handy study nook
• Lock-up garage with workshop space and storage
• Rear yard access from the front - ideal for trailers or garden projects
While the home is in original condition and would benefit from some maintenance and modern updates, it offers the perfect blank canvas to renovate and add value in a location that truly deserves it. Whether you're looking for your first home, a renovation project, or a coastal investment with strong upside, this is an opportunity not to be missed.
Property History for 10 John Penn Ave, Merimbula, NSW 2548
- 29 Sep 2025Listed for Rent $650 / week
- 15 Aug 2025Sold for $757,500
- 30 Jul 2025Listed for Sale $749,000
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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 3,601 properties. Over the last 5 years, Houses in Merimbula have seen a 49.73% increase in median value, while Units have seen a 67.12% increase. As at 31 October 2025:
- The median value for Houses in Merimbula is $889,509 while the median value for Units is $534,624.
- Houses have a median rent of $700 while Units have a median rent of $480.
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