3/131 Merimbula Drive, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
 
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3/131 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 4090m2
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Property Details for 3/131 Merimbula Dr, Merimbula

3/131 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 4090m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1991
Land Size
4090m2
Local Government
Bega Valley
Lot/Plan
3/SP40599

Last Listing description (January 2024)

*Please note this property cannot be lived in permanently*

Could this be Merimbula's most affordable property? Dwyer Properties is excited to offer this value-packed studio apartment! Perfect if you're looking to invest or as a holiday home. This property is sure to appeal.

This property features:

- Single-car space
- Shared bedroom and dining area with a spacious wardrobe and a built-in mirror
- Split system airconditioning in living room
- Kitchenette with electrical cooking and plenty of storage
- Bathroom that's divided into 2 for the toilet and shower
- Communal Laundry

3/131 Merimbula Drive is a 3-minute drive to the heart of Merimbula Main Street, offering cafes and restaurants, boutique clothing, and accessories as well as a 5-minute drive to Spencer Park where you can have a BBQ with your friends and family whilst watching the sunset in the afternoon.

Please call Simon today for an inspection before this beauty goes!

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Property History for 3/131 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$193,000
23 Nov 2023
Listed for Rent
$220/w
06 Oct 2020
  • 23 Nov 2023
    Sold for $193,000
  • 31 Jul 2023
    Listed for Sale Not Disclosed
  • 25 Sep 2020
    Listed for Rent - Price not available
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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, 177 properties were sold in the past 12 months in Merimbula.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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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