OFF MARKET

1/1-3 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 71m2
Land area: 2222m2
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Property Details for 1/1-3 Ocean Dr, Merimbula

1/1-3 Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 2222m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
1989
Floor Size
71m2
Land Size
2222m2
Local Government
Bega Valley
Lot/Plan
1/SP40624

Last Listing description (August 2020)

Just footsteps away from Mitchies Jetty and within strolling distance of beautiful Main Beach, this fully furnished two bedroom holiday apartment enjoys a prized location on Merimbulas Fishpen. Located in an immaculately maintained complex with living area and balcony overlooking the solar heated in-ground pool and bbq area. Theres the added convenience of a double lock-up garage with internal access providing safe storage for the car, boat or golf clubs.

Property History for 1/1-3 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$280,000
17 Aug 2020
  • 17 Aug 2020
    Sold for $280,000
  • 15 May 2020
    Listed for Sale $298,000

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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 2011 was 3,277 people. By 2016 the population was 3,544 showing a population growth of 8.1% 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 $1000 - $1399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation. In 2011, 57.8% of the homes in Merimbula were owner-occupied compared with 58.3% in 2016.

Merimbula has 3,593 properties. Over the last 5 years, Houses in Merimbula have seen a 59.02% increase in median value, while Units have seen a 64.31% increase. As at 30 September 2024:

  • The median value for Houses in Merimbula is $867,977 while the median value for Units is $514,621.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Merimbula.

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