2/55 Ocean DriveMerimbula NSW 2548
Property Details for 2/55 Ocean Dr, Merimbula
2/55 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit and was built in 1989. The property has a land size of 1633m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (October 2018)
Located across from Merimbula's Main beach, this beautifully presented 2 bedroom apartment on the ground floor is a great entry into the holiday managed market with sensible rental returns. If you would like an apartment for your own getaway as well as some rental income then few complexes offer such a nice setting. The pool and BBQ area are fantastic and the on site managers are amongst the best. Ready to go and well presented with generous living and bedroom sizes, this is a great buy.
2 Bedroom
1 bathroom
Popular complex
Good returns
Pool and BBQ facilities
Great location opposite main beach
Property History for 2/55 Ocean Dr, Merimbula, NSW 2548
- 08 Nov 2018Sold for $166,000
- 22 Apr 2011Listed for Sale $230,000
- 08 Dec 2010Listed for Sale Not Disclosed
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0About 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.
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