OFF MARKET

8/59A Ocean Drive
Merimbula NSW 2548

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 134m2
Land area: 2315m2
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Property Details for 8/59a Ocean Dr, Merimbula

8/59a Ocean Dr, Merimbula is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2005. The property has a land size of 2315m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Townhouse
Year Built
2005
Floor Size
134m2
Land Size
2315m2
Local Government
Bega Valley
Lot/Plan
8/SP75724

Last Listing description (October 2016)

Well presented 3 bedroom townhouse in quiet complex, located on popular Fishen. Upstairs level has spacious lounge and dining room combined with balcony overlooking Merimbula Lake. Modern kitchen with electric cooking, dishwasher. Main bedroom upstairs with walk in robe. Ensuite with shower and sesparate bath. Second and third bedrooms downstairs both with built in robes. Main bathroom with shower. Internal laundry .Double lock up garage with internal access. Private secure courtyard. No pets. 6 month lease only.

Property History for 8/59a Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$495,000
23 Jun 2016
Listed for Rent
$420/w
12 Oct 2016
  • 12 Oct 2016
    Listed for Rent $420 / week
  • 23 Jun 2016
    Sold for $495,000
  • 17 Jun 2016
    Listed for Sale Sold - $495,000
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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.

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