Home/Properties/Merimbula/7/121-123 Merimbula Drive
7/121-123 Merimbula Drive, Merimbula$415,000
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For Saleapartment

7/121-123 Merimbula Drive

Merimbula, NSW 2548, Australia
$400,000 – $430,000
2 bed 1 bath 1 car2864 m²

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About this property

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 cafés, 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 Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
2864 m²
Listed
2 months ago

Repayment calculator

$2,012/month
$1,006 /fortnight
Loan $332,000 at 6.10% over 30 years

Upfront costs

Deposit$83,000
Stamp duty$11,437
Conveyancing (est.)$2,000
Total upfront$96,437
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 53% 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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