9/131 Merimbula DriveMerimbula NSW 2548
Property Details for 9/131 Merimbula Dr, Merimbula
9/131 Merimbula Dr, Merimbula is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 4015m2 and floor size of 25m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
Last Listing description (September 2019)
This one bedroom motel style unit in a un-managed complex offers the astute buyer or investor the chance to have a weekend getaway or a rental property. Can be residential leased or holiday managed or just use it yourself to have a place by the sea. Body Corps are $2,800 a year and the rates are approx $2,500 a year. Rental return is projected to be $195-$205 per week. This gives a return of approx 8%. Communal Laundry.
Included:
- Built in robe
- Car space
- Communal laundry
Call for details.
Copy and paste a the link below into your browser for a walk through;
https:/?/?cloud.magic-plan.com/?plan/?954511 f2-977b-43a0-93af-42e6a25c6824
Property History for 9/131 Merimbula Dr, Merimbula, NSW 2548
- 12 Sep 2019Sold for $97,500
- 17 May 2019Listed for Sale $105,000
- 08 Feb 2016Sold for $40,000
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 3,611 properties. Over the last 5 years, Houses in Merimbula have seen a 44.56% increase in median value, while Units have seen a 68.36% increase. As at 31 December 2025:
- The median value for Houses in Merimbula is $906,132 while the median value for Units is $549,137.
- Houses have a median rent of $700 while Units have a median rent of $480.
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