OFF MARKET

18/1-5 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 7253m2
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Property Details for 18/1-5 Ocean View Ave, Merimbula

18/1-5 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 90m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1984
Floor Size
90m2
Land Size
7253m2
Local Government
Bega Valley
Lot/Plan
18/SP21721

Last Listing description (December 2021)

This fabulous townhouse is situated in the Pacific Heights Complex centrally located only a short walk down to Merimbula's shops, clubs, restaurants, and cafe's. It can be used for holiday or permanent residence, the choice is yours.

The open plan kitchen/dining area features a stylish new kitchen that has been cleverly designed to maximise the space and flows out into the lovely courtyard. On the next level, you will find the spacious, light, and airy tiled lounge room and balcony where you can sit back and take in the beautiful views. The second bedroom comes with a built-in robe, a study nook, and overlooks the back garden. On the top level, the master boasts an en-suite, built-in robe, a study nook, and absolutely stunning views. Undercover parking and entry, with a downstairs shower perfect for washing off after a day at the beach.

The well-maintained complex offers a heated year-round swimming pool, BBQ area, and children's playground area.

Don't miss out this townhouse is the ideal first home or investment!

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Property History for 18/1-5 Ocean View Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$365,000
13 Oct 2020
  • 13 Oct 2020
    Sold for $365,000
  • 10 Sep 2020
    Listed for Sale $365,000
  • 20 Mar 2019
    Sold for $349,000
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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.

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