OFF MARKET

4/29 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 754m2
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Property Details for 4/29 Ocean Dr, Merimbula

4/29 Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 754m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1992
Floor Size
70m2
Land Size
754m2
Local Government
Bega Valley
Lot/Plan
4/SP74881

Last Listing description (December 2015)

' AZALEA COURT' IS PERFECTLY POSITIONED ON MERIMBULA'S FISHPEN WITH THE MAIN BEACH JUST ACROSS THE ROAD FROM THE COMPLEX AND GLIMPES OF MERIMBULA LAKE FROM THE LIVING ROOM AND BEDROOMS. THE UNIT IS PERFECTLY SET UP FOR HOLIDAYS AND IS BEING SOLD FULLY FURNISHED, HOWEVER IF YOU ARE LOOKING FOR A RESIDENTIAL UNIT THIS UNIT WILL ALSO SUIT.FEATURES INCLUDE 2 BEDROOMS 2 BATHROOMS, SINGLE CARPORT, ENSUITE WITH SPA, 2 DECKS SOAKED IN SUN AND GLIMPES OF THE LAKE, LOVELY COMMON BBQ AREA AND INGROUND POOL. CONTACT CARLEITA BISSETT TO ARRANGE AN INSPECTION TODAY 0419 630 777

Property History for 4/29 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$1,050,000
31 Aug 2022
  • 31 Aug 2022
    Sold for $1,050,000
  • 11 Aug 2015
    Listed for Sale $265,000
  • 03 Jul 2013
    Listed for Sale Not Disclosed
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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.

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