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4/1 Monaro Street, Merimbula$399,000
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For Saleapartment

4/1 Monaro Street

Merimbula, NSW 2548, Australia
$399,000
1 bed 1 bath 1 car82 m²

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About this property

Positioned in the heart of Merimbula, this well-presented one-bedroom unit offers an outstanding opportunity for first home buyers, investors, or anyone seeking a low-maintenance coastal lifestyle. Set on the first floor, the home features a light-filled living area that flows effortlessly onto a sunny balcony the perfect spot to enjoy your morning coffee and soak up the coastal atmosphere. The generous bedroom includes a built-in robe and stylish hybrid flooring, while the spacious bathroom incorporates a practical laundry and separate toilet. The galley-style kitchen is well-equipped with ample bench space, excellent storage, a dishwasher, and a standalone oven and cooktop, making everyday living easy. Adding to its appeal, the property includes a single lock-up garage plus an additional allocated off-street car space a rare bonus for such a central location. For investors, the property has previously achieved $450 per week in rental income, highlighting its strong appeal in Merimbula's rental market. Leave the car at home and enjoy the best of Merimbula at your doorstep. Stroll to cafés, restaurants, shopping, supermarkets and the picturesque waterfront, all just moments away. Whether you're looking to enter the property market, secure a smart investment, or embrace the relaxed Sapphire Coast lifestyle, this is an opportunity not to be missed. Property Highlights * First-floor one-bedroom unit in a central location * Previously rented for $450 per week * Sunny balcony with morning sunshine * Spacious bedroom with built-in robe * Large bathroom/laundry with separate toilet * Single lock-up garage plus additional allocated parking * Walk to cafés, restaurants, shops, supermarkets and the waterfront * Ideal first home, investment, or coastal base For more information or to arrange an inspection, contact Hayden Ferencz today.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
82 m²
Listed
3 weeks ago

Repayment calculator

$1,934/month
$967 /fortnight
Loan $319,200 at 6.10% over 30 years

Upfront costs

Deposit$79,800
Stamp duty$10,877
Conveyancing (est.)$2,000
Total upfront$92,677
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Merimbula

This 1-bedroom apartment in Merimbula, NSW 2548 sits within reach of public transport, local shops and nearby schools. It is listed 43% below the $695,000 median of 71 comparable apartmentswithin 5 km.

Schools near Merimbula

  • Merimbula Public Schoolprimary · K-6 · CoEd

What's nearby

  • Twyford Hall, Market St (bus)121 m away
  • Hello World56 m away
  • Magi Park271 m away
  • Unnamed682 m away
  • Spencer Park820 m away

Merimbula at a glance

Full suburb profile
Population
3,821
Median age
54
Household income
$1,146/wk
Median rent
$310/wk
Median mortgage
$1,517/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Merimbula price trend

Median sold · Unit 2 bed

Compound growth +1.7% / yr over 4 yrs

$455kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Price history

Price history

Listing price changes

1 price change recorded for this property

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