OFF MARKET

2/27 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 72m2
Land area: 1589m2
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Property Details for 2/27 Ocean Dr, Merimbula

2/27 Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit and was built in 2003. The property has a land size of 1589m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Year Built
2003
Floor Size
72m2
Land Size
1589m2
Local Government
Bega Valley
Lot/Plan
2/SP70562

Last Listing description (February 2020)

Set on the highly acclaimed Fishpen Peninsular, this apartment boasts prime position across the road from Ford Park and Merimbula’s Main Beach. Featuring a low maintenance brick design, the property has level access with the only stairs on the premises leading to the carport. Light and bright throughout, the interior enjoys a generous open plan kitchen, dining and living area flowing out to a balcony on the North West side of the residence. Accommodation comprises 2 bedrooms with built in robes serviced by a neat main bathroom and an ensuite to the master. Complex facilities include an in ground swimming pool and a grassed BBQ/picnic area.

Property History for 2/27 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$315,000
19 Sep 2019
Listed for Rent
$270/w
04 May 2018
  • 19 Sep 2019
    Sold for $315,000
  • 26 Feb 2019
    Listed for Sale $330,000
  • 17 Apr 2018
    Listed for Rent $270 / week
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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 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 60 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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