12/131 Merimbula Drive, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
 
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12/131 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 4015m2
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Property Details for 12/131 Merimbula Dr, Merimbula

12/131 Merimbula Dr, Merimbula is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 4015m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
1991
Land Size
4015m2
Local Government
Bega Valley
Lot/Plan
12/SP40599

Last Listing description (July 2022)

Affordable First Home Or Investment Opportunity. Ideally suited for someone seeking fully self-contained accommodation ready to move into or the astute investor.-Conveniently located close to public transport-Reverse cycle air-conditioning for comfort all year round-Carpeted living area for warmth and comfortThis one bedroom motel style unit in a un-managed complex offers the astute buyer or investor the chance to have a weekend getaway or a rental property. Body Corps are $2,800 a year and the rates are approx $2,500 a year. Rental return is projected to be $220-$225 per week. This gives a gross return of approx 7.5%. An inspection is a must and it will not disappoint. Be quick and call for more information, today.

Property History for 12/131 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$32,500
11 Feb 2016
Listed for Rent
$180/w
14 Jun 2020
  • 31 Oct 2019
    Listed for Sale $150,000
  • 22 Nov 2018
    Listed for Rent - Price not available
  • 03 May 2017
    Listed for Rent $190 / week
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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 3,610 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 36 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 152 properties were sold in the past 12 months in Merimbula.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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.

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.

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