OFF MARKET

8/16-18 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 71m2
Land area: 1555m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low

High
Save

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
Sign in to see more transactions

Commute Calculator

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 3,593 properties. Over the last 5 years, Houses in Merimbula have seen a 59.02% increase in median value, while Units have seen a 64.31% increase. As at 30 September 2024:

  • The median value for Houses in Merimbula is $867,977 while the median value for Units is $514,621.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and 1 property 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

Market Insights
Merimbula Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Merimbula Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.