OFF MARKET

6/1-5 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 7297m2
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Property Details for 6/1-5 Ocean View Ave, Merimbula

6/1-5 Ocean View Ave, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 7297m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 1994.

Building Type
Unit
Year Built
1984
Floor Size
94m2
Land Size
7297m2
Local Government
Bega Valley
Lot/Plan
6/SP21721

Last Listing description (August 2023)

Enjoy the best of relaxed Merimbula living at this outstanding two-bedroom, two-bathroom residence showcasing superb interiors and indoor outdoor entertaining with stunning views over Merimbula and beyond. An expansive and light-filled living area encompass the central kitchen which features electric cooking, ample storage and an impressive dining area with electric heating. Wide glass sliders open the living zone to the entertainer's terrace with expansive iconic Merimbula views. Two bedrooms include the magnificent main suite with ensuite bathroom, built-in robes and the second bedroom with an equally well-appointed bathroom and robe. Features include a full-sized laundry, large single car port, rear patio area and is located all within a short walk to Merimbula village and lake.

Property History for 6/1-5 Ocean View Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$127,000
14 Feb 1994
  • 30 Jun 2023
    Listed for Sale $575,000
  • 14 Feb 1994
    Sold for $127,000

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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 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 60 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.

Suburb Insights for Merimbula 2548

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.