49 Sapphire Cres, Merimbula is a 4 bedroom, 2 bathroom Unit and was built in 1965. The property has a land size of 930m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
You have arrived at 49 Sapphire Crescent Merimbula also known as "Renovation Station". This property is just calling out for those who love a good reno! Whether you are a builder, handyman, project manager or someone with just the eye for the potential this property is for you. Priced as the cheapest house in Merimbula the train will not stay at this station for too long so be quick!
Boasting a generous 150m2 of living space there is plenty of room for the family. Upstairs is the kitchen, lounge and dining. All set out as an open-plan design and there is a lovely wood heater to warm this home. There are 3 bedrooms with built-in robes and very spacious. They are serviced by a single functional bathroom and a separate laundry. Downstairs is a completely separate self-contained 1 bedroom studio fully kitted out with its own kitchen, bedroom, bathroom and laundry and is a good size. This could be an income-generating asset as a rental to finish off this property.
Set on a large 913m2 block there is a good size yard that overlooks the tranquil bushes at the rear. There is potential to bring life back to the old balcony and enjoy the views from it.
Merimbula is a growing market and has a thriving cafe culture. This property is located approximately a 2 km drive from the town centre but there is a good walking track to take a shortcut to town. It is also Approx. 3.5 km's to the white sands at Merimbula Main Beach.
So get off the train at the renovation station and onto the property ladder in Merimbula. You only need to look around at renovated properties in the area to know this is a great opportunity with so much potential.
Contact Hayden now for an inspection!
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 3,611 properties. Over the last 5 years, Houses in Merimbula have seen a 44.56% increase in median value, while Units have seen a 68.36% increase. As at 31 December 2025:
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