OFF MARKET

26/1-5 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 133m2
Land area: 7253m2
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Property Details for 26/1-5 Ocean View Ave, Merimbula

26/1-5 Ocean View Ave, Merimbula is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1910. The property has a land size of 7253m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in June 2002.

Building Type
Unit
Year Built
1910
Floor Size
133m2
Land Size
7253m2
Local Government
Bega Valley
Lot/Plan
26/SP21721

Last Listing description (July 2019)

A waterscaped setting in the heart of town, just a few minutes walk to Merimbula s boutiques, clubs, restaurants & caf s. This modern larger than expected semi-detached apartment offers the perfect lifestyle. Live in it permanently, rent it permanently or holiday let it (& receive an exceptional return), the choice is yours, there are no restrictions!
Relax on the spacious outdoor entertaining area, or admire the ocean, lake & pool views - through tinted windows - from inside the contemporary refurbished property, equipped with a reverse-cycle air conditioning in the open plan living area. Complete with an airy kitchen featuring an abundance of storage and modern appliances, together with two considerable bedrooms (both with built-in robes and ceiling fans) and a bright & fresh family bathroom. Downstairs the apartment is accessed via an attractive entrance comprising of two large glass panels allowing light to fill the stairwell. An expansive master bedroom (with built-in robes and a ceiling fan) plus ensuite, adjoins the laundry. There is also a separate entry downstairs via the large double carport. To top it off the unit is situated within a development that offers use of a pool and bbq area surrounded by manicured gardens.
If you ve previously missed out on purchasing the perfect apartment, call us now to inspect this beauty!

Property History for 26/1-5 Ocean View Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$360,000
14 Jun 2002
  • 11 Dec 2018
    Listed for Sale $525,000
  • 14 Jun 2002
    Sold for $360,000
  • 11 Apr 1995
    Sold for $160,000
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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 3,593 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.