OFF MARKET

3/61 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 91m2
Land area: 2256m2
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Property Details for 3/61 Ocean Dr, Merimbula

3/61 Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 2256m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Year Built
1991
Floor Size
91m2
Land Size
2256m2
Local Government
Bega Valley
Lot/Plan
3/SP40029

Last Listing description (July 2017)

Ideally located opposite Merimbula Main Beach, Apollo Apartments offer the perfect seaside retreat. Apollo is a resort style holiday complex with swimming pool, tennis court, children s playground and BBQ area.
Unit 3 consists of 2 bedrooms, 2 bathrooms, large open living, kitchen and dining areas, and 2 spacious balconies. The rear balcony offers views over Merimbula Lake.
This complex is in a quiet & private location, whilst also being a level walk to Merimbula s beaches, shops and caf s. Well maintained with high occupancy rates, now may be the ideal time buy your next investment/holiday property.

Property History for 3/61 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$295,000
30 Jun 2017
  • 30 Jun 2017
    Sold for $295,000
  • 28 Apr 2017
    Listed for Sale Sold - $295,000
  • 04 Oct 2016
    Listed for Sale $299,000
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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.