1/1-5 Ocean View AvenueMerimbula NSW 2548
Property Details for 1/1-5 Ocean View Ave, Merimbula
1/1-5 Ocean View Ave, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 7297m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in October 2014.
Last Listing description (October 2014)
Experience the Heights
This 2 bedroom, 2 bathroom townhouse-style unit has stunning 180 degree views over the lake and ocean and across to Pambula Beach. The light filled living area opens up to a deck where you can sit and soak up the northern sun and take in these spectacular views that this property exclusively offers. It boasts a separate kitchen and eating area opening to a small sunny courtyard. This property is being offered fully furnished. The well maintained complex itself offers heated swimming pool and attractive BBQ area. The astute purchaser will recognize all the possibilities this property affords: permanent occupation, long term rental or holiday getaway all right here in town.
Property History for 1/1-5 Ocean View Ave, Merimbula, NSW 2548
- 16 Oct 2014Listed for Sale $259,000
- 16 Oct 2014Sold for $259,250
- 18 Mar 1988Sold for $98,000
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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.
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