SOLD
Sold on 28 Jun 2024 for $575,000

17/1-5 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 7297m2
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Property Details for 17/1-5 Ocean View Ave, Merimbula

17/1-5 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 94m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Year Built
1984
Floor Size
94m2
Land Size
7297m2
Local Government
Bega Valley
Lot/Plan
17/SP21721

Last Listing description (September 2024)

Indulge in coastal living at its finest with this immaculate 2-bedroom, 2-bathroom residence split across three levels, offering breathtaking views of both Merimbula Lake and the sparkling ocean from each level of the apartment.

Step into the ground level, where tiled floors pave the way to an open-plan kitchen and dining area. The kitchen, complete with electric cooktop and oven, dishwasher, large pantry, and island bench, offers both functionality and style. The dining area connects with the patio overlooking Merimbula Lake, with a grassed common area to the right adding to the tranquil ambiance.

Ascend to the first floor to find a spacious, carpeted living area, complete with a built-in cupboard and glass sliding doors leading to a tiled balcony offering stunning lake and ocean views, a perfect spot for relaxation.

The second level hosts the main bathroom and two carpeted bedrooms. The generously sized main bedroom boasts a large built-in robe and, of course, panoramic views of the lake and ocean. Indulge in the ensuite with floor-to-ceiling tiles and a large corner shower, completing the features offered by this exceptional property.

Located close to town, cafes, restaurants, supermarkets, and more, everything is just moments away. You can choose to walk the 350m into the main street of town, or perhaps take the car, which is just a 1-minute drive to town, and the sands of Merimbula Main Beach are just a 1.2km walk away or a 3-minute drive.

Don't miss your opportunity to see this one for yourself - Call David to arrange an inspection!

Property History for 17/1-5 Ocean View Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$575,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $575,000
  • 22 Feb 2024
    Listed for Sale $575,000
  • 21 Oct 2019
    Sold for $340,000
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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 3,594 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 64 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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David Dwyer
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Tania Dwyer
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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.