5/55 Ocean DriveMerimbula NSW 2548
Property Details for 5/55 Ocean Dr, Merimbula
5/55 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 1686m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (August 2020)
Here is a fantastic opportunity located in the most sought after holiday location on the Sapphire Coast. The managed apartment presents an amazing position situated directly opposite Merimbulas main beach and is a level, 10 minute walk to the town centre. Generous proportions for the 2 bedrooms, kitchen, living space and your own internal laundry sets the unit a cut above the rest. Let our agents explain the benefits of a unit that works for you financially as well as offering you the freedom to holiday.
Property History for 5/55 Ocean Dr, Merimbula, NSW 2548
- 28 Aug 2020Sold for $182,000
- 28 Jul 2020Listed for Sale $199,000
- 29 Oct 2008Sold for $230,000
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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 3,592 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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