OFF MARKET

12/1-5 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 84m2
Land area: 7300m2
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Property Details for 12/1-5 Ocean View Ave, Merimbula

12/1-5 Ocean View Ave, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 7300m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
1984
Floor Size
84m2
Land Size
7300m2
Local Government
Bega Valley
Lot/Plan
12/SP21721

Last Listing description (July 2020)

Looking for an investment holiday property close to town with stunning panoramic lake & ocean views...this is the property for you.

This great size 2 bedroom, 2 bathroom townhouse style apartment overlooks Fishpen, Merimbula Lake and main beach from 3 levels.

The apartment has dual living spaces and painted throughout offering a light and airy feel. The kitchen is roomy with dining for 6 and an outdoor garden patio perfect for your morning cuppa.
Upstairs the lounge room offers a private balcony with sensational views from the wharf to Haycock & Pambula Beach.
The main bedroom is queen size with en-suite, again with fabulous views and built in wardrobes and the 2nd bedroom has it's own private balcony catching the afternoon sun.
A separate laundry and undercover carport allows all weather entry to this spacious apartment.

The property has a heated year round swimming pool, BBQ area and children's playground area.
All of this only 300 metres from the CBD and Boardwalk.

Property History for 12/1-5 Ocean View Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$325,000
30 Jun 2020
  • 30 Jun 2020
    Sold for $325,000
  • 20 Dec 2019
    Listed for Sale $325,000
  • 17 Feb 2019
    Listed for Sale Not Disclosed
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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.

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.