Home/Properties/Merimbula/4/121-123 Merimbula Drive
4/121-123 Merimbula Drive, Merimbula$399,000
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4/121-123 Merimbula Drive

Merimbula, NSW 2548, Australia
$399,000
2 bed 1 bath 1 car

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About this property

This beautifully appointed two-bedroom unit is positioned at the top of Merimbula with sweeping views over the treetops, township and beach. Upon entry, the eye is immediately drawn to the glass sliders opening to the front balcony - an inviting spot to unwind and take in the panoramic outlook and northern sun. Abundant natural light fills the open-plan living and kitchen area, creating a warm and welcoming space. The kitchen impresses with stone benchtops, soft-close cabinetry, a dishwasher and a practical breakfast bar. Both bedrooms are well sized and fitted with built-in robes, while the sparkling renovated bathroom sits centrally between them and includes the luxury of underfloor heating. The interior has had upgraded lighting throughout and just received a full internal repaint. Ideally located close to town but with a tranquil feel above the tree line, this property presents an excellent opportunity for those seeking a peaceful lifestyle or long term investment. Currently let for $470 p/w until September 2026, the property offers strong income stability.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 months 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 2-bedroom apartment in Merimbula, NSW 2548 sits within reach of public transport, local shops and nearby schools. It is listed 54% below the $875,000 median of 69 comparable apartmentswithin 5 km.

Schools near Merimbula

  • Merimbula Public Schoolprimary · K-6 · CoEd

What's nearby

  • Merimbula Imlay Bowling Club, Main St (bus)1.3 km away
  • Merimbula Mowers and Marine1.2 km away
  • Boller Park300 m away
  • Magi Park1.3 km away
  • Unnamed1.4 km 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

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Price history

Price history

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1 price change recorded for this property

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