OFF MARKET

1/27 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 1589m2
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Property Details for 1/27 Ocean Dr, Merimbula

1/27 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1990. The property has a land size of 1589m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in September 2007.

Building Type
Townhouse
Year Built
1990
Floor Size
80m2
Land Size
1589m2
Local Government
Bega Valley
Lot/Plan
1/SP70562

Last Listing description (October 2018)

Comfortable two bedroom, two bathroom unit, spa bath in ensuite. Situated on the popular Fishpen, opposite main beach. Digital TV, undercover parking, swimming pool, BBQ area. Linen available for hire from local suppliers.CHECK IN TIME IS STRICTLY 3PM and CHECK OUT TIME IS STRICTLY 10AM. Keys will not be handed out before check in time unless prior arrangements have been made. ***** Please note for Christmas/New Year bookings, first preference is given to the current guests. We will take new bookings from mid February. *****

Property History for 1/27 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$237,000
11 Sep 2007
Listed for Rent
19 Oct 2018
  • 19 Oct 2018
    Listed for Rent - Price not available
  • 11 Sep 2007
    Sold for $237,000
  • 24 May 2004
    Sold for $400,000
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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 3,592 properties. Over the last 5 years, Houses in Merimbula have seen a 57.40% increase in median value, while Units have seen a 64.11% increase. As at 31 October 2024:

  • The median value for Houses in Merimbula is $861,631 while the median value for Units is $521,351.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 63 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Merimbula.

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