OFF MARKET

3/39 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 856m2
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Property Details for 3/39 Ocean Dr, Merimbula

3/39 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 856m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1980
Floor Size
71m2
Land Size
856m2
Local Government
Bega Valley
Lot/Plan
3/SP21281

Last Listing description (March 2022)

Unique opportunity to secure a true lifestyle or investment property in this prime, almost beach front location on Merimbula's Fishpen. The boutique complex of only 4 units is directly opposite Ford Oval and Main Beach, easy walking distance to lake, cafes, shops and restaurants.
Situated on the first floor, with views to the ocean from lounge, kitchen and entry balcony, this 2 bedroom, 1 bath room unit has a beachy feel, warm white tones, neat kitchen with dishwasher, built in robes, large bathroom/laundry combination, exposed beams, bamboo flooring, single carport with private lock up storage shed at the rear.
The complex itself is solid brick and has only recently undergone a complete external renovation, including new roof, rendering and the addition of unit allocated storage rooms.

No limitations on use / Council rates - $2974pa / Strata Fees - $3200pa

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Property History for 3/39 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$685,000
24 Mar 2022
  • 24 Mar 2022
    Sold for $685,000
  • 24 Feb 2022
    Listed for Sale $675,000 - $699,000
  • 02 Nov 2012
    Sold for $221,000
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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.

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