SOLD
Sold on 17 Jun 2024 for $690,000

3/1-3 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 71m2
Land area: 2222m2
Improve this data
Sold By
Merimbula Realty P/L
Share
Save

Property Details for 3/1-3 Ocean Dr, Merimbula

3/1-3 Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 2222m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
71m2
Land Size
2222m2
Local Government
Bega Valley
Lot/Plan
3/SP40624

Last Listing description (June 2024)

A rare opportunity to secure an apartment across the road from Mitchies Jetty and Merimbula's finest Main Beach.
Located on the sought after Fishpen in the Beaches apartments is this 2 bedroom, 2 bathroom and double lock up garage residence.
The astute purchaser will reap the benefits of holiday accommodation or alternatively want to downsize and live the dream of coastal living.

Enter through downstairs and you will find a light bright bedroom, full bathroom and laundry with internal access from the double remote garage. Upstairs you will enjoy the high cathedral ceilings letting in loads of natural light and a huge main bedroom where you can hear the ocean across the road. A full size bathroom on this level makes easy living. The open plan living/kitchen area looks over the inground pool in the complex. A lovely deck to enjoy the morning sun off the living area.
With only 9 in the complex and a very pro active body corporate this residential apartment living is at its finest.

Show More

Property History for 3/1-3 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$690,000
17 Jun 2024
  • 17 Jun 2024
    Sold for $690,000
  • 24 May 2024
    Listed for Sale $699,000
  • 13 Jan 1992
    Sold for $180,000

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 3,594 properties. Over the last 5 years, Houses in Merimbula have seen a 65.73% increase in median value, while Units have seen a 59.89% increase. As at 31 August 2024:

  • The median value for Houses in Merimbula is $893,586 while the median value for Units is $519,097.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Merimbula.

Merimbula Profile Page

Suburb Insights for Merimbula 2548

Visit Merimbula profile page
Market Insights
Merimbula Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Merimbula Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Merimbula profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED