OFF MARKET

2/31 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 711m2
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Last updated 11 Nov 2024
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Property Details for 2/31 Ocean Dr, Merimbula

2/31 Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 711m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Land Size
711m2
Local Government
Bega Valley
Lot/Plan
2/SP76245

Last Listing description (February 2023)

In the perfect location of Ocean Drive, on the Fishpen peninsula, located directly across the road from Merimbula's Main Beach is 2/31 Ocean Drive, Merimbula.

Imagine waking up to the sounds of the ocean and being able to check the surf from your front balcony each morning. It really doesn't get much better than this!

This gorgeous unit features an open plan kitchen/dining and living area that opens out on the front balcony where you can enjoy the ocean breeze with your morning coffee. Downstairs you will find two bedrooms that open onto the back balcony and two bathrooms, the main bedroom featuring an en-suite bathroom with the main bathroom featuring a large spa bath.

Arguably, one of the best locations on the Sapphire Coast, nestled between the stunning Main Beach of Merimbula and the calming blue waters of Merimbula Lake. Many attractions such as Mitchie's Jetty, Ford Oval Playground, the new basketball complex, Fishpen cafes, etc are all minutes away. Access to Merimbula's boutique shopping centre is a peaceful level walk across the bridge admiring the marine life along the way.

This can easily be turned into your dream ocean view home or an investment property. Come and see this property for yourself! Call us now to arrange an inspection at 2/31 Ocean Drive, Merimbula.

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Property History for 2/31 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$825,000
12 Dec 2022
  • 12 Dec 2022
    Sold for $825,000
  • 23 Sep 2022
    Listed for Sale $849,000
  • 23 Sep 2019
    Sold

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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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