56 Market Street, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
OFF MARKET

56 Market Street
Merimbula NSW 2548

Bedrooms: 7
Bathrooms: 5
Car spaces: 4
Floor area: 200m2
Land area: 904m2
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Property Details for 56 Market St, Merimbula

56 Market St, Merimbula is a 7 bedroom, 5 bathroom Unit with 4 parking spaces. The property has a land size of 904m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Floor Size
200m2
Land Size
904m2
Local Government
Bega Valley
Lot/Plan
52/DP603867

Last Listing description (July 2017)

Located right in the heart of Merimbula, The Ritzy Wine Bar is a Merimbula establishment like no other a restaurant, bar and cocktail lounge. The venue has a large, loyal clientele and their reviews have placed the venue as one of the best in Merimbula.
A groovy wine bar currently offering Australian and European wines, a wide range of local and imported beers complimenting a delicious tapas menu. Ritzy is a stylish but informal venue in the ever popular seaside town on the Sapphire Coast.
The venue suits anybody looking to expand or some seasoned operators that can really capitalise on the multiple revenue streams.

Property History for 56 Market St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$1,065,000
11 Mar 2020
  • 11 Mar 2020
    Sold for $1,065,000
  • 20 Jan 2017
    Listed for Sale EOI
  • 25 Apr 2015
    Listed for Sale Not Disclosed
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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 46.23% increase in median value, while Units have seen a 68.79% increase. As at 30 November 2025:

  • The median value for Houses in Merimbula is $897,650 while the median value for Units is $550,747.
  • Houses have a median rent of $700 while Units have a median rent of $480.
There are currently 53 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 172 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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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.