OFF MARKET

8/16-18 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 71m2
Land area: 1555m2
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Property Details for 8/16-18 Ocean View Ave, Merimbula

8/16-18 Ocean View Ave, Merimbula is a 2 bedroom, 1 bathroom Unit and was built in 1994. The property has a land size of 1555m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in April 2013.

Building Type
Unit
Year Built
1994
Floor Size
71m2
Land Size
1555m2
Local Government
Bega Valley
Lot/Plan
8/SP50616

Last Listing description (May 2013)

Lake frontage
Located in one of Merimbula's finest onsite managed complexes, this luxury unit offers panoramic lake to ocean views and is walking distance to Merimbula town centre shops, alfresco dining, clubs and beaches.
FEATURES INCLUDE

- 2 bedrooms
- Spa bathroom
- Spacious open plan living and balcony
- Well equipped kitchen
- Lift access
- Landscaped pool and BBQ area
- Undercover parking facilities
- Good returns
Don't miss this opportunity to secure your holiday investment of a lifetime.

Property History for 8/16-18 Ocean View Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$215,000
08 Apr 2013
  • 17 Jan 2024
    Sold
  • 08 Apr 2013
    Sold for $215,000
  • 19 May 2011
    Listed for Sale 285000
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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.
There are currently 62 properties listed for sale, and 2 properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 129 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.