OFF MARKET

16 Ocean Drive
Merimbula NSW 2548

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 272m2
Land area: 607m2
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Property Details for 16 Ocean Dr, Merimbula

16 Ocean Dr, Merimbula is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 607m2 and floor size of 272m2. While the property is not currently for sale or for rent, it was last sold in March 2013.

Building Type
House
Year Built
1995
Floor Size
272m2
Land Size
607m2
Local Government
Bega Valley
Lot/Plan
254/DP750227

Last Listing description (March 2013)

PREMIER BEACHFRONT LOCATION
LESS THAN 100 STEPS ONTO THE SANDS OF MERIMBULA'S MAIN BEACH THIS UNIQUE BEACHFRONT HOME IS SPECTACULARLY LOCATED WITH RESERVE ADJOINING TWO BOUNDARIES AND IS OFFERED FOR SALE FOR THE FIRST TIME. ARCHITECTURALLY DESIGNED AND CRAFTSMAN BUILT OVER TWO FULLY SELF CONTAINED LEVELS. UPSTAIRS FEATURES VAULTED CEILINGS AND INVITING OCEAN VIEWS THROUGH OPEN LIVING AND DINING AREAS, BOTH OPENING OUT TO LARGE BALCONIES ORIENTATED TO TAKE FULL ADVANTAGE OF THE SUN, VIEWS AND SEA-BREEZE ALL YEAR ROUND. THE GALLEY STYLE KITCHEN WORKS WELL AND THE MASTER SUITE HAS BEEN POSITIONED TO WAKE UP TO THE INVIGORATING SIGHTS AND SOUNDS OF THE OCEAN. THERE IS A FURTHER BEDROOM AND BATHROOM WELL SEPARATED FROM THE MAIN. THE GROUND LEVEL IS COMPRISED OF A FURTHER TWO BEDROOMS, FULL KITCHEN, BATHROOM & LAUNDRY, WITH THE LIVING AND DINING SPACE OVERLOOKING THE IN GROUND SOLAR HEATED SWIMMING POOL. THIS AREA CAN BE LOCKED OFF FROM THE MAIN HOME IF REQUIRED AND THERE IS AN OVER-SIZED DOUBLE LOCK-UP GARAGE WITH WORKSHOP & TOILET, PLUS PLENTY OF ROOM FOR EXTRA VEHICLE PARKING.

Property History for 16 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$850,000
05 Mar 2013
  • 05 Mar 2013
    Sold for $850,000
  • 14 Dec 2011
    Listed for Sale OFFERS CONSIDERED OVER $1MILLION
  • 04 Jun 2006
    Listed for Sale $349000
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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.