OFF MARKET

10/57-59 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 2443m2
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Property Details for 10/57-59 Ocean Dr, Merimbula

10/57-59 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit and was built in 1987. The property has a land size of 2443m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
Unit
Year Built
1987
Floor Size
63m2
Land Size
2443m2
Local Government
Bega Valley
Lot/Plan
10/SP32191

Last Listing description (October 2024)

Live the coastal lifestyle you've always dreamed of in this 2-bedroom ground floor unit located at 10 / 57 Ocean Drive, Merimbula. With its prime position just steps away from the beach, this property offers the perfect blend of relaxation and convenience.

A spacious living area, modern kitchen with ample storage space, two bedrooms generously sized, offering a comfortable retreat at the end of the day.

Enjoy your morning coffee or evening glass of wine on the balcony, a shared pool at your disposal for those sunny summer afternoons. A well appointed bathroom and toilet, a good sized laundry and extra storage designed with practicality in mind.

Located in one of Merimbula's best locations, with the flexibility to occupy permanently, invest as a rental or use as your own beach holiday home, you'll have easy walking access to a range of amenities including shops, cafes, and restaurants. The beach is just a short level stroll approximately 100m away, allowing you to enjoy the sand, surf, and sun whenever you want.

Don't miss out on this opportunity to own a piece of paradise in Merimbula. Contact us today to arrange an inspection and start living your dream coastal lifestyle.

Property History for 10/57-59 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$170,000
26 Oct 2018
  • 05 Apr 2024
    Listed for Sale Not Disclosed
  • 26 Oct 2018
    Sold for $170,000
  • 20 May 2016
    Listed for Sale $175,000
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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 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 60 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.

Suburb Insights for Merimbula 2548

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.