6/2 Kyeamba StreetMerimbula NSW 2548
Property Details for 6/2 Kyeamba St, Merimbula
6/2 Kyeamba St, Merimbula is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Apartment sold in Merimbula in the last 12 months.
Last Listing description (May 2025)
Looking for the perfect investment? This 2-bedroom ground-floor unit is an absolute standout, offering a solid rental return of $450 per week and an asking price of just $429,000. With a motivated vendor eager to sell, this is an exceptional chance to secure a high-performing property in the heart of Merimbula.
What's on Offer:
Fantastic Rental Yield: Currently rented for $450 per week, this property promises an excellent return for investors.
Leafy Balcony: Enjoy a private balcony surrounded by greenery.
Functional Galley Kitchen: Light-filled and practical, perfect for everyday living or tenants.
Cozy Bedrooms: Both carpeted for added warmth, offering the perfect retreat at the end of the day.
Ample Parking & Storage: Single lock-up garage PLUS an additional allocated car space.
Why You'll Love It:
Set in a small, tidy complex of only six units, this property offers a peaceful and low-maintenance lifestyle.
Just a one-minute walk to Merimbula's vibrant town center, where shops, clubs, cafes, and restaurants await.
Close proximity to the stunning lake and beaches makes it a desirable location for tenants or owners.
Who's It For?
This property is ideal for investors seeking strong returns, first-time buyers wanting a solid start, or downsizers craving a low-maintenance lifestyle.
With its excellent location, motivated vendor, and fantastic rental return, this unit is an investment opportunity you can't afford to miss.
Property History for 6/2 Kyeamba St, Merimbula, NSW 2548
- 22 May 2025Sold for $427,000
- 07 Nov 2024Listed for Sale $429,000
- 23 Mar 2022Sold for $400,000
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 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.
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