25/1-5 Ocean View AvenueMerimbula NSW 2548
Property Details for 25/1-5 Ocean View Ave, Merimbula
25/1-5 Ocean View Ave, Merimbula is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 7300m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Merimbula in the last 12 months.
Last Listing description (June 2024)
Cast an eye across the beauty of Merimbula and beyond from the magic surrounds of this quality town residence. Enjoying breathtaking water views from the upper levels, this stylish abode defines easy living, planned over three levels to capitalise on the North/East facing aspect, the accommodation's entertaining level features open plan living and dining zone pasts a chic kitchen appointed with stainless steel appliances. All three substantially sized bedrooms are extensively robed & overflowing with natural light, serviced by a trio of luxe bathrooms. Features include single lock up garage, separate laundry room, electric heating and rear west facing garden courtyard. From the striking ocean views to the bespoke upgraded features that makes this townhouse stand out from the others, every day will feel like a holiday in this truly world-class complex with communal swimming pool and landscaped grounds. selling with no management rights you have the flexibility to live in permanently or acquire as an investment property. This opportunity is too good to be true!
Property History for 25/1-5 Ocean View Ave, Merimbula, NSW 2548
- 31 Jul 2024Sold for $675,000
- 22 May 2023Listed for Sale $699,000
- 20 Apr 2010Sold for $250,000
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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.
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