7/121-123 Merimbula Drive, Merimbula, NSW 2548 sold on 27 August 2026 | OnTheHouse
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Sold on 27 Aug 2026 for $395,000

7/121-123 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 2864m2
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Property Details for 7/121-123 Merimbula Dr, Merimbula

7/121-123 Merimbula Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 2864m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
54m2
Land Size
2864m2
Local Government
Bega Valley
Lot/Plan
7/SP12472

Last Listing description (August 2026)

If you've been searching for an entry into the Merimbula market without compromising on comfort or location, this charming two-bedroom apartment is a standout opportunity.

Neat, functional, with level access, and filled with natural light, the home offers an easy-care lifestyle just minutes from everything that makes Merimbula so desirable. Whether you're starting out, slowing down, or adding to your investment portfolio, this property ticks all the right boxes.

Available for permanent living, lease (currently rented $460 weekly) or holiday accommodation, this property provides you full flexibility.

The open plan living, dining, and kitchen area creates a welcoming central hub, flowing seamlessly out to a private balcony where you can relax and enjoy beautiful bush and ocean views. Both bedrooms are well-sized and include built-in robes, while the internal laundry adds everyday convenience. Plus there is a separate storage area for added convenience.

Property Features:

- Level access into property
- Sold fully furnished
- Two generous bedrooms, both with built-in robes
- Light-filled open plan living, dining, and kitchen
- Split system in loungeroom
- Separate storage room
- Private balcony with pleasant views
- Internal laundry for added practicality
- Dedicated carport for off-street parking
- Low-maintenance apartment living

Located just a short 3-minute drive to Merimbula's cafs, shopping precinct, and CBD, you'll love the ease of having everything within reach while still enjoying a peaceful setting.

One of the most affordable two-bedroom opportunities in Merimbula, this is exceptional value in a tightly held coastal market. Act quickly-properties like this don't last long.

Council Rates - Approx $807 p/qtr
Strata - Approx $1355 p/qtr
Total Approx $8648 annually

Property History for 7/121-123 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$395,000
27 Aug 2026
Listed for Rent
$450/w
02 Aug 2024
  • 27 Aug 2026
    Sold for $395,000
  • 22 Apr 2026
    Listed for Sale $400,000 - $430,000
  • 05 Jul 2024
    Listed for Rent $450 / week
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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 3,613 properties. Over the last 5 years, Houses in Merimbula have seen a 24.44% increase in median value, while Units have seen a 45.93% increase. As at 31 July 2026:

  • The median value for Houses in Merimbula is $932,481 while the median value for Units is $552,960.
  • Houses have a median rent of $698 while Units have a median rent of $500.
There are currently 30 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 151 properties were sold in the past 12 months in Merimbula.

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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.