54A Lake Street, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
OFF MARKET

54A Lake Street
Merimbula NSW 2548

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 234m2
Land area: 797m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 25 May 2026
Low

High
Save

Property Details for 54a Lake St, Merimbula

54a Lake St, Merimbula is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 797m2 and floor size of 234m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
House
Year Built
1940
Floor Size
234m2
Land Size
797m2
Local Government
Bega Valley
Lot/Plan
31/DP589868

Last Listing description (February 2026)

Nestled in one of Merimbula's most sought-after locations, this remarkable coastal residence presents a rare opportunity to secure a spacious and versatile home with breathtaking lake and ocean views. Just a short stroll to Bar Beach, the scenic Lake Street boardwalk and Merimbula's vibrant town centre, the property offers an exceptional coastal lifestyle where convenience and natural beauty combine.

Step inside and you are welcomed by 2 bright and spacious open-plan living areas that immediately capture a relaxed coastal atmosphere. The rooms are rich in character, featuring soaring ceilings, exposed beams and a warm blend of textures that create an inviting space for everyday living and entertaining. Large windows and glass doors frame the stunning outlook across Merimbula Lake and the ocean beyond, while seamlessly connecting the interior to the expansive outdoor deck.

The fully equipped kitchen is both functional and stylish, offering quality appliances, generous bench space and ample storage. Whether you enjoy cooking for family, entertaining friends or simply preparing a casual meal, the kitchen is perfectly positioned to remain connected to the living and dining spaces while taking in the views.

Accommodation is generous and flexible, with four beautifully styled bedrooms within the main home, each providing a peaceful retreat. The master bedroom enjoys picturesque lake and ocean views, a queen bed and a private ensuite, while the second and third bedrooms also feature queen beds. The fourth bedroom is ideal for children or guests, offering two sets of single bunk beds.

Adding further versatility, a fifth bedroom is located in a separate downstairs studio, complete with its own renovated bathroom and kitchenette. This space is ideal for extended family, guests, or potential income opportunities, providing privacy while remaining connected to the main residence.

Outdoor living is a true highlight of the property. The expansive deck, now enhanced by a new pergola, is perfectly positioned to capture panoramic views over Merimbula, the lake and the ocean. This inviting space is ideal for alfresco dining, entertaining or simply relaxing with a book or a drink while enjoying the peaceful coastal atmosphere.

The location is second to none, with Bar Beach just moments away for morning swims, coastal walks or a coffee at the popular beach kiosk. The nearby boardwalk offers a scenic stroll into the heart of Merimbula, where you can explore local shops, cafes and restaurants, while nearby national parks provide endless opportunities for walking, hiking and enjoying the region's abundant wildlife.

Combining an exceptional location, sweeping water views and a flexible layout suited to a variety of lifestyle needs, this outstanding property represents a rare chance to secure a premium Merimbula home within walking distance of beaches, town and nature.

To be sold with fully furnished via Expressions Of Interest. Private inspection times to be released in February.

Property History for 54a Lake St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$910,000
20 Sep 2017
  • 14 Jan 2026
    Listed for Sale Expressions of Interest
  • 20 Sep 2017
    Sold for $910,000
  • 07 Jun 2013
    Sold for $775,000
Sign in to see more transactions
Commute Calculator

About Merimbula 2548

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 3,610 properties. Over the last 5 years, Houses in Merimbula have seen a 34.05% increase in median value, while Units have seen a 46.04% increase. As at 30 April 2026:

  • The median value for Houses in Merimbula is $942,798 while the median value for Units is $538,432.
  • Houses have a median rent of $700 while Units have a median rent of $480.
There are currently 38 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 156 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

Market Insights
Merimbula Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Merimbula Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
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.