OFF MARKET

19/1-5 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 160m2
Land area: 7297m2
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Property Details for 19/1-5 Ocean View Ave, Merimbula

19/1-5 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 160m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
Unit
Year Built
1984
Floor Size
160m2
Land Size
7297m2
Local Government
Bega Valley
Lot/Plan
19/SP21721

Last Listing description (July 2021)

A chance to secure your very own holiday getaway in this fabulous onsite- managed townhouse that is situated in the Pacific Heights Complex. The townhouse is centrally located only a short walk down to Merimbula's shops, clubs, restaurants, and cafe's.
The open plan kitchen/dining area is bathed in natural light and flows out into the lovely courtyard.
On the next level, you will find the spacious, light, and airy 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 in the laundry 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 coming fully furnished, ready for you to getaway to the coast and start enjoying the holiday lifestyle Merimbula has to offer while enjoying an income when you are away.

Property History for 19/1-5 Ocean View Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$165,000
17 Sep 2014
  • 15 Jan 2021
    Listed for Sale $345,000
  • 17 Sep 2014
    Sold for $165,000
  • 06 Mar 2012
    Listed for Sale 188000
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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.