4/55 Ocean DriveMerimbula NSW 2548
Property Details for 4/55 Ocean Dr, Merimbula
4/55 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 1691m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2010.
Last Listing description (September 2010)
#1812 ''IN EXCESS OF 5% NET RETURN'nLocated on the ground floor of this popular holiday complex this two bedroom unit boasts returns envied by most other complexes in the area. Situated opposite the main surf beach and within walking distance of Merimbula's shops, clubs, restaurants etc. this immaculately presented property sits opposite the pool amidst superbly landscaped gardens.
Property History for 4/55 Ocean Dr, Merimbula, NSW 2548
- 17 May 2010Sold for $205,000
- 07 Jan 2007Listed for Sale 230000
- 21 Nov 2001Sold for $133,000
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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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