4/1-3 Ocean DriveMerimbula NSW 2548
Property Details for 4/1-3 Ocean Dr, Merimbula
4/1-3 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 2221m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (May 2019)
Look no further for your next investment. This holiday unit is located in the popular Fishpen area of Merimbula. Opposite Merimbula main beach and Merimbula lake at the ideal location opposite Mitchies Jetty.
This 2 bedroom, 2 bathroom managed holiday unit is the perfect investment if your looking for a property in Merimbula in a fantastic location where you can make an income and also enjoy for your own holidays.
Property Features:
* 2 bathroom
* kitchen
* Laundry
* Double lock up garage with remote door
Within the holiday complex
* BBQ area - outdoor entertaining
* Solar heated in-ground pool
* Relaxing atmosphere
* Opposite Merimbula main beach, Merimbula lake and Mitchies Jetty
Property History for 4/1-3 Ocean Dr, Merimbula, NSW 2548
- 21 Aug 2020Sold for $292,500
- 06 May 2019Listed for Sale Not Disclosed
- 21 May 2012Sold for $206,000
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0About 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.
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