OFF MARKET

3/27 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 84m2
Land area: 1589m2
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Property Details for 3/27 Ocean Dr, Merimbula

3/27 Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 1589m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2003
Floor Size
84m2
Land Size
1589m2
Local Government
Bega Valley
Lot/Plan
3/SP70562

Last Listing description (December 2022)

The Timed Sale for this property has commenced and an offer can be accepted at any time. Register to make an offer by copying this link into your browser;

https://buy.realtair.com/properties/92233

Ideally situated directly across the road from Main Beach in Merimbula is 3/27 Ocean Drive. A beautiful brick unit fully furnished and consisting of two bedrooms and two bathrooms.

This unit is within Azalea Court Apartments and the unit itself is located towards the back of the complex for more of a private feel. The added benefit is this unit is completely separate and has no adjoining walls to other units.

The front of the unit consists of large windows and a sliding glass door creating lots of natural light into the property and also has its own private balcony to soak in the sun with a morning coffee.

Towards the back of the property you will find the two bedrooms, with the main bedroom having an en-suite and walk in wardrobe.

The main bathroom is also equipped with a laundry and separate toilet.

With the mix of the perfect location and gorgeous brick unit, come and see this for yourself.

This home is currently leased.

Book an inspection to see 3/27 Ocean Drive, Merimbula!

Property History for 3/27 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$542,500
01 Jun 2022
  • 01 Jun 2022
    Sold for $542,500
  • 12 May 2022
    Listed for Sale Price Guide $550,000
  • 27 Jul 2020
    Sold for $320,000
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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 3,591 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 62 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 129 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.