Back 4/121 Merimbula Drive
Off Market

4/121 Merimbula Drive

Merimbula NSW 2548

2
1
1
Apartment
Last sold for $390,000
Lance MusgraveLance Musgrave, last sold this property on 29 July 2026 after 240 days on market.

Overview

Updated Apartment - Panoramic Merimbula Views

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.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Merimbula over the last 12 months, the estimated median property value of 4/121 Merimbula Drive is $481.25k.

Median value
$481.25k
Estimated value range
$350k - $1.09m
Median days on market
89
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Merimbula. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/121 Merimbula Drive

2026
Sold
$390,000
29 Jul 2026 by Lance Musgrave, of Sapphire Property Group
2022
Sold
$417,000
Private Sale/Treaty on 09 Aug 2022 by Hayden Ferencz, of Dwyer Properties Sapphire Coast
2018
Rented
Undisclosed
Leased on 26 Mar 2018 by Coast Property Group

Happy sellers in Merimbula

77%
77% of sellers in Merimbula reported that their sale price either exceeded or met their price expectations.

Merimbula stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Merimbula over the last 12 months.

Local market activity for 2 bedroom apartments in Merimbula

In the last 12 months, 22 two-bedroom apartments similar to 4/121 Merimbula Drive, have been sold.

This represents a 30% increase in two-bedroom apartments sales when compared to the previous 12 months.

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