7/55 Ocean DriveMerimbula NSW 2548
Property Details for 7/55 Ocean Dr, Merimbula
7/55 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 April 2021.
Last Listing description (June 2021)
This 1st floor investment unit in the Fishpen area is well worth your attention. North facing to embrace the sun, with 2 bedrooms and a lock up garage, it's one of the best locations in town. Bondi beach eat your heart out! If you desire an investment property in Merimbula then this unit is a must to inspect. Let our agents explain the benefits of a unit that works for you financially as well as offering you the freedom to holiday and enjoy a subsidised break.
2 Bedroom 1 Bathroom
New Kitchen
Excellent presentation and recently recarpeted.
Complex features pool and bar-b-que facilities
Popular holiday location
Quality fittings and furniture, including new lounge suite
Only 50 metres to Merimbula Main Beach
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Property History for 7/55 Ocean Dr, Merimbula, NSW 2548
- 29 Apr 2021Sold for $225,000
- 10 Nov 2011Listed for Sale $239,000
- 29 Apr 2004Sold for $240,000
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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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