40/1 Elizabeth Street, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
 
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40/1 Elizabeth Street
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 2324m2
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Property Details for 40/1 Elizabeth St, Merimbula

40/1 Elizabeth St, Merimbula is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 2324m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
2006
Floor Size
130m2
Land Size
2324m2
Local Government
Bega Valley
Lot/Plan
6/SP84414

Last Listing description (December 2021)

This home is situated in one of the most sought-after locations on the Sapphire Coast, Fishpen-Merimbula.

The north facing 3-bedroom townhouse is beautifully sunlit and located in the "Coast Resort" which features a tennis court, pools and BBQ areas.

The home boasts a great open plan entertaining space that comes fully furnished throughout. Walk through into this home and you'll notice the floor to ceiling glass doors which you can open right up into the courtyard, so you can allow the fresh ocean breeze into this stunning townhouse. The kitchen features Smeg gas cook top and oven as well as walk-in pantry. Heading to go upstairs is the laundry/powder room. You can entertain guests, fully in the downstairs area.

Upstairs are the 3 bedrooms all with Built in robes and are all spacious. The master suite is grand also featuring grand floor to ceiling glass windows, Generous robe with built-in cabinetry and en-suite with bathtub. Also, up here there is the main bathroom.

Live the dream lifestyle today. You can simply lock and leave this property and go walking, surfing, SUP-boarding and fishing by taking advantage of the close proximity this property is to Merimbula's great cafes, walking paths, Main Beach, Lake and the famous Mitches Jetty.

Get in-touch with us today to arrange an inspection or private virtual tour by appointment as this type of property is of high demand.

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Property History for 40/1 Elizabeth St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$549,000
27 May 2020
Listed for Rent
$460/w
06 Jul 2020
  • 27 May 2020
    Sold for $549,000
  • 11 Apr 2020
    Listed for Sale $549,000
  • 18 Mar 2020
    Listed for Rent $460 / week
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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 3,610 properties. Over the last 5 years, Houses in Merimbula have seen a 41.91% increase in median value, while Units have seen a 59.08% increase. As at 31 January 2026:

  • The median value for Houses in Merimbula is $911,777 while the median value for Units is $532,303.
  • Houses have a median rent of $700 while Units have a median rent of $480.
There are currently 49 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 171 properties were sold in the past 12 months in Merimbula.

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© 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.

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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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