4/121-123 Merimbula Dr, Merimbula is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 1977. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Apartment sold in Merimbula in the last 12 months.
This beautifully appointed two-bedroom unit is positioned at the top of Merimbula with sweeping views over the treetops, township and beach.
Upon entry, the eye is immediately drawn to the glass sliders opening to the front balcony - an inviting spot to unwind and take in the panoramic outlook and northern sun. Abundant natural light fills the open-plan living and kitchen area, creating a warm and welcoming space. The kitchen impresses with stone benchtops, soft-close cabinetry, a dishwasher and a practical breakfast bar.
Both bedrooms are well sized and fitted with built-in robes, while the sparkling renovated bathroom sits centrally between them and includes the luxury of underfloor heating. The interior has had upgraded lighting throughout and just received a full internal repaint.
Ideally located close to town but with a tranquil feel above the tree line, this property presents an excellent opportunity for those seeking a peaceful lifestyle or long term investment. Currently let for $470 p/w until September 2026, the property offers strong income stability.
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 3,614 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:
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