16/1-5 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 7253m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2011.
POPULAR PACIFIC HEIGHTS
This great two bedroom two bathroom fully furnished townhouse-style unit offers lake, ocean and town views from the living and main bedroom. Accessed by sliding glass doors from the stunning kitchen/dining, the property also enjoys a private courtyard at rear. The unit enjoys the convenience of carport at door, and the well-maintained complex itself offers heated swimming pool and attractive bbq area. This on-site managed property is priced to appeal to the holiday maker wishing to gain a foothold in the Merimbula property market.
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:
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