OFF MARKET

3/57-59 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 2443m2
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Property Details for 3/57-59 Ocean Dr, Merimbula

3/57-59 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit and was built in 1987. The property has a land size of 2443m2. While the property is not currently for sale or for rent, it was last sold in October 2001.

Building Type
Unit
Year Built
1987
Land Size
2443m2
Local Government
Bega Valley
Lot/Plan
3/SP32191

Last Listing description (June 2016)

3 bedroom unfurnished town house to rent. Townhouse on two levels. Lounge room with reverse cycle airconditioner. Lounge opens onto large balcony. Main bedroom with walk in robe and ensuite with shower. Two bedrooms downstairs. Main bathroom downstairs with separate bath and shower. Internal laundry. Private enclosed courtyard. Double lock up garage with internal access. No pets. Long term lease
.

Property History for 3/57-59 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$115,500
05 Oct 2001
Listed for Rent
$370/w
14 Jun 2016
  • 10 Jun 2016
    Listed for Rent $370 / week
  • 10 Aug 2015
    Listed for Rent $350 / week
  • 26 Apr 2015
    Listed for Sale $199,000
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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 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 60 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.

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