5/37 Ocean DriveMerimbula NSW 2548
Property Details for 5/37 Ocean Dr, Merimbula
5/37 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit and was built in 1981. The property has a land size of 17300m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
Last Listing description (May 2018)
Looking for a beach holiday apartment or investment property? This one is perfect!
This light filled apartment is a modern and fresh 2 bedroom, 1 bathroom property with an open plan kitchen/dining and living area. It has its own laundry facilities within the apartment, an added bonus.
Situated in the perfect position which is directly opposite the popular Main Beach and Cafes in Fishpen, its just a short stroll to Merimbula Lake to enjoy the water or amazing sunsets of an evening.
The complex has its own kids play area, in-ground heated pool with lovely gardens and privacy screens.
The perfect place for a relaxing holiday which pays for itself and get you that extra bit of income!
Property Features:
* 2 generous bedrooms with B.I.R's
* 1 large bathroom with laundry
* New kitchen, with updated appliances
* Open plan dining area
* Relaxing living area
Call our office now to arrange your own private inspection!
Property History for 5/37 Ocean Dr, Merimbula, NSW 2548
- 21 Mar 2018Sold for $185,000
- 25 Nov 2015Listed for Sale $210,000
- 01 Nov 2012Sold for $115,000
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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 3,591 properties. Over the last 5 years, Houses in Merimbula have seen a 57.40% increase in median value, while Units have seen a 64.11% increase. As at 31 October 2024:
- The median value for Houses in Merimbula is $861,631 while the median value for Units is $521,351.
- Houses have a median rent of $660 while Units have a median rent of $480.
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