OFF MARKET

5/37 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 17300m2
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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.

Building Type
Unit
Year Built
1981
Floor Size
56m2
Land Size
17300m2
Local Government
Bega Valley
Lot/Plan
5/SP18266

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.

Interested in fine dining or shopping then it is a flat short stroll to the Merimbula CBD for clubs, restaurants, wine bar's, specialty shops plus much more!
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!

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Property History for 5/37 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$185,000
21 Mar 2018
  • 21 Mar 2018
    Sold for $185,000
  • 25 Nov 2015
    Listed for Sale $210,000
  • 01 Nov 2012
    Sold 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 3,593 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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