OFF MARKET

13/1-5 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 84m2
Land area: 7297m2
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Property Details for 13/1-5 Ocean View Ave, Merimbula

13/1-5 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 7297m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Year Built
1984
Floor Size
84m2
Land Size
7297m2
Local Government
Bega Valley
Lot/Plan
13/SP21721

Last Listing description (December 2017)

INSPECTIONS BY APPOINTMENT;
Sensational village,lake & ocean views from 3 levels in this fabulous 2 bedroom 2 bathroom apartment. 180 degree un-interrupted views of Fispen & Mainbeach. Here is a chance to own your own apartment in a well Managed Property, close to the CBD, the complex has a heated all year swimming pool and fantastic BBQ area both with magnificent views of the lake & village. There is single undercover carpark right at you front door. The property is multi level with patio access to kitchen, balcony access from lounge & north facing balcony off 2nd bedroom.
The property is a perfect holiday home or investment property with good returns.

* 2 bedroom 2 bathroom, ensuite in main bedroom
* Kitchen/Dining
*Loungeroom with private balcony
*Single carport

Property History for 13/1-5 Ocean View Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$315,000
22 Dec 2017
  • 22 Dec 2017
    Sold for $315,000
  • 02 Jun 2017
    Listed for Sale Not Disclosed
  • 23 Jun 2011
    Sold for $195,000
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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.

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.