48 Lakeview Ave, Merimbula is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 982m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Located in arguably the best street in Merimbula, this neat brick residence is situated on an allotment of approximately 980m2. With close proximity to everything, the property enjoys the convenience of a 5 minute walk to the lake at Spencer Park and less than a 10 minutes stroll into the heart of Merimbulas township.
With fantastic lake/ocean/town views to the south and all year round sun to the north, the home enjoys the ideal aspect and outlook. The upstairs of the residence comprises 3 bedrooms, 1 bathroom, a comfortable lounge/dining area and an updated kitchen. Downstairs consists of 1 bathroom, an internal laundry, huge under house storage, a workshop area and a single lock up garage with drive through access to the rear yard. Simply bursting with potential and having never been offered for sale since before its build date in 1977, this is an opportunity not to be missed.
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 3,612 properties. Over the last 5 years, Houses in Merimbula have seen a 38.58% increase in median value, while Units have seen a 53.10% increase. As at 31 March 2026:
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