19-23 Carolynne Street, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
FOR SALE

19-23 Carolynne Street
Merimbula NSW 2548

Bedrooms: 12
Bathrooms: 8
Car spaces: -
Floor area: 153m2
Land area: 2281m2
This property is currently on the market
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Property Details for 19-23 Carolynne St, Merimbula

19-23 Carolynne St, Merimbula is a 12 bedroom, 8 bathroom House and was built in 1970. The property has a land size of 2281m2 and floor size of 153m2.This Property is currently listed for sale with One Agency Dwyer Properties

Building Type
House
Year Built
1970
Floor Size
153m2
Land Size
2281m2
Local Government
Bega Valley
Lot/Plan
102/DP596167

Last Listing description (October 2026)

Where the Boardwalk Begins. Where Opportunity Meets the Lake.

There are properties that offer a great location, and then there are properties that simply could not be recreated today.

Welcome to The Boardwalk Apartments - an extraordinary 2,281m (approx.) holding positioned at the gateway to one of Merimbula's most iconic attractions, the famous Merimbula Boardwalk.

Set high above the lake with spectacular water views, this is an opportunity of genuine scale and rarity, bringing together a substantial four-bedroom main residence and six self-contained apartments in one of the Sapphire Coast's most tightly held and sought-after locations.

And the location is exceptional.

Step outside and you're at the beginning of the Boardwalk, with the lake unfolding below. Merimbula's CBD, cafes, restaurants, shops, beaches and foreshore are all within easy reach, creating a lifestyle position that is exceptionally difficult to replicate.

The property comprises four one-bedroom apartments, two two-bedroom apartments and a generous four-bedroom main residence, supported by substantial onsite parking and an impressive landholding rarely seen this close to Merimbula's CBD, Main Beach and the lakefront.

Currently generating substantial rental income, the property provides an established holding today while presenting considerable scope for the future, whether retained as an income-producing investment, enjoyed as a combined residential and accommodation holding, or explored for further enhancement or redevelopment potential (STCA).

But above all, it is the scale and position that set this property apart.

2,281m of land. Seven residences. Exceptional lake views. The Boardwalk at your doorstep.

Opportunities of this nature are exceptionally scarce. To secure one of Merimbula's largest and most distinctive residential holdings, in a position this close to the water, beach and CBD, is a proposition that deserves serious consideration.

THE OPPORTUNITY AT A GLANCE
2,281m (approx.) of substantial land
Four-bedroom main residence with reception area
2 x two-bedroom apartments
4 x one-bedroom apartments
Seven residences in total
Spectacular elevated views across Merimbula Lake
Direct access to the iconic Merimbula Boardwalk
Generous onsite parking
Currently producing substantial rental income
Outstanding proximity to Merimbula CBD, lakefront and Main Beach
Significant landholding with future potential (STCA)
A rare combination of land, income, accommodation and lifestyle

This is not simply a collection of apartments. It is a substantial Merimbula holding in a position that is almost impossible to replicate.

Contact Hayden Ferencz for an information memorandum or inspection today!

Property History for 19-23 Carolynne St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$1,700,000
15 Nov 2003
Listed for Rent
$650/w
10 Mar 2023
  • 02 Oct 2026
    Listed for Sale $2,750,000
  • 28 Apr 2026
    Listed for Sale $2,600,000 -$2,850,000
  • 24 Sep 2025
    Listed for Sale $2,600,000 -$2,850,000
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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 3,616 properties. Over the last 5 years, Houses in Merimbula have seen a 22.90% increase in median value, while Units have seen a 38.99% increase. As at 31 August 2026:

  • The median value for Houses in Merimbula is $935,044 while the median value for Units is $549,486.
  • Houses have a median rent of $695 while Units have a median rent of $500.
There are currently 32 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 145 properties were sold in the past 12 months in Merimbula.

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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.