OFF MARKET

8/53 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 1685m2
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Property Details for 8/53 Ocean Dr, Merimbula

8/53 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 1685m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
1988
Floor Size
72m2
Land Size
1685m2
Local Government
Bega Valley
Lot/Plan
8/SP33729

Last Listing description (October 2015)

This conveniently located 2 bedroom unit in popular Fishpen, Merimbula is now for sale. Situated across the road from Main Beach Merimbula and part of a well established on-site managed unit complex. This property is offered fully furnished and ready to earn you dollars. When your not enjoying the unit yourself, the experienced on site managers will earn you income letting the property on your behalf. This is an opportunity to purchase not only bricks and mortar but lifestyle as well as income.

Have your cake and eat it too!
Built-in Robes

Internal Laundry

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Property History for 8/53 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$190,000
12 Oct 2015
  • 12 Oct 2015
    Sold for $190,000
  • 15 Aug 2014
    Listed for Sale Not Disclosed
  • 16 Jun 2011
    Sold for $185,000
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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 3,593 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.

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