7/1-3 Ocean Dr, Merimbula is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 2222m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Positioned in one of the most sought after locations you will find on The Fishpen in Merimbula is this stunning managed unit. Forming part of the popular Beaches apartment complex, this is an investment and holiday opportunity not to be missed. Featuring 3 generous bedrooms master with walk-in robe, 2 modern bathrooms and modern kitchen along with generous meals and living area which opens onto the sundrenched balcony looking over the stunning Merimbula Lake. Other features include a double lock up garage plus the convenience of a short 50m stroll to Merimbula Main Beach & Mitchies Jetty. If you have been looking for an affordable investment holiday unit that presents extremely well in a superior location this it! .
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:
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