OFF MARKET

11/61 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
Land area: 2256m2
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Last updated 28 Oct 2024
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Property Details for 11/61 Ocean Dr, Merimbula

11/61 Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1991. The property has a land size of 2256m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Year Built
1991
Floor Size
91m2
Land Size
2256m2
Local Government
Bega Valley
Lot/Plan
11/SP40029

Last Listing description (March 2019)

This large top floor holiday apartment is set to impress! With balcony's coming off the dining area,living and master bedroom there is plenty of space to sit back and enjoy all day long.
Situated in the very sought after Holiday Complex Apollo, you are only 100 metres away from the popular main beach, ford oval, playground and take away stores.
The second bedroom is also at a decent size following onto the main bathroom with spa bath. Not only is this property a great investment but you have the choice to occupy the property for a period over the year.

The holiday complex provides a heated outdoor swimming pool, large well equipped BBQ area, playground, tennis court and secure parking.
Call Lauren on 0477 776 905 to organise a private inspection.

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Property History for 11/61 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$292,500
29 Jan 2019
  • 29 Jan 2019
    Sold for $292,500
  • 02 Jul 2018
    Listed for Sale $299,500
  • 10 Apr 2015
    Sold for $295,000
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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 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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