5/40 Main StreetMerimbula NSW 2548
Property Details for 5/40 Main St, Merimbula
5/40 Main St, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 2301m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (March 2023)
Ticking all the right boxes this fabulous unit offers much to all and is located right in the heart of town. Absolutely no restrictions on this wonderful ground level property as you can either live in permanently or rent out for an income the choice is yours. Features include 2 bedrooms with robes, spacious lounge with reverse cycle air conditioner, dining area, well appointed kitchen with dishwasher and electric cooker, modern bathroom, separate laundry, courtyard at rear and a single car space. Situated just a level short walk to everything this great complex really offers the perfect easy living lifestyle.
Strata Levies: approximately $5000 per annum Council Rates: approximately $2700 per annum.
Property History for 5/40 Main St, Merimbula, NSW 2548
- 02 Mar 2023Sold for $442,000
- 17 Mar 2020Listed for Rent $330 / week
- 03 Feb 2020Sold for $310,000
Recent sales nearby
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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 3,601 properties. Over the last 5 years, Houses in Merimbula have seen a 49.73% increase in median value, while Units have seen a 67.12% increase. As at 31 October 2025:
- The median value for Houses in Merimbula is $889,509 while the median value for Units is $534,624.
- Houses have a median rent of $700 while Units have a median rent of $480.
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