7/27 Ocean DriveMerimbula NSW 2548
Property Details for 7/27 Ocean Dr, Merimbula
7/27 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 1589m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (August 2022)
Located on the popular fishpen precinct, this immaculate first floor unit offers the most perfect easy living lifestyle to all and is directly opposite popular main beach. Features Include 2 bedrooms with robes, fabulous open plan living area that consists of a well appointed kitchen with dishwasher, meals area and a spacious lounge that offers lots of natural light. Property has private undercover parking located directly underneath unit and also includes a private balcony that overlooks the pool and is ideal for singles, couples or investors. The property is currently tenanted for $400 per week.
Property History for 7/27 Ocean Dr, Merimbula, NSW 2548
- 10 Aug 2022Sold for $497,000
- 18 Mar 2022Listed for Sale $499,000
- 29 Jul 2020Listed for Rent $350 / week
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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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