OFF MARKET

8/1-3 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 90m2
Land area: 2093m2
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Property Details for 8/1-3 Ocean Dr, Merimbula

8/1-3 Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 2093m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 2015.

Building Type
Unit
Year Built
1989
Floor Size
90m2
Land Size
2093m2
Local Government
Bega Valley
Lot/Plan
8/SP40624

Last Listing description (March 2015)

Ocean View
With arguably the best position in the complex this unit is certainly spoiled for view. Look out over the Lake, Bay and Pacific. Marketed as an executive unit, one inspection will confirm the quality on offer here. Best of all its offered as a residential unit.
2 bedroom

2 bathroom
Amazing views
Single car port
Parking for boat to the side
Residential so you can live in
Not under holiday management lease
Full use of pool and resort facilities
Heated pool with BBQ facilities
Rare opportunity.

Property History for 8/1-3 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$360,000
16 Jan 2015
  • 05 Mar 2015
    Listed for Sale 275000
  • 16 Jan 2015
    Sold for $360,000
  • 02 Dec 2008
    Sold for $425,000
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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.
There are currently 64 properties listed for sale, and 2 properties 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.