OFF MARKET

9/1-3 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 97m2
Land area: 2093m2
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Property Details for 9/1-3 Ocean Dr, Merimbula

9/1-3 Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 2093m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1990
Floor Size
97m2
Land Size
2093m2
Local Government
Bega Valley
Lot/Plan
9/SP40624

Last Listing description (August 2023)

Regarding location; there is no better than Beaches Apartments opposite Mitchies Jetty Merimbula. Smell the salt air, hear the waves crash from your private balcony, or venture over to the jetty for your morning swim and a coffee. If you're a surfer or love fishing, it is only a short stroll to Main Beach or a short paddle to Bar Beach. The complex also has its own swimming pool and BBQ area.

Having a north-easterly aspect, the sunlight fills the lounge, dining, and kitchen areas, which also have water views of Merimbula Lake. The master bedroom has a walk-in robe and ensuite, while there is a bathroom downstairs for the second bedroom. There is also a laundry downstairs and internal access to the double garage.

This two-bedroom, 2 bathroom townhouse complete with a double garage, is currently a holiday-managed apartment until April 2024. The home can then be converted to permanent living. This is the style of property you could retire in and never leave, so here is your opportunity to buy now and live later.

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Property History for 9/1-3 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$610,000
30 May 2023
  • 30 May 2023
    Sold for $610,000
  • 02 Nov 2021
    Sold for $342,500
  • 15 Jul 2021
    Listed for Sale $349,000 - $379,000
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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 63 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Merimbula.

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