SOLD
RECENT ADVICE
Sold on 05 Nov 2024 for $455,000

9/53 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 1685m2
Sold By
Butterfield Property
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Property Details for 9/53 Ocean Dr, Merimbula

9/53 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit and was built in 1990. 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 November 2024. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
72m2
Land Size
1685m2
Local Government
Bega Valley
Lot/Plan
9/SP33729

Last Listing description (November 2024)

Unit 9 at Beachfront Apartments, located on the coveted Ocean Drive, is now on the market, offering a prime opportunity for permanent living or an ideal holiday retreat. With Main Beach just over 50 meters away and a short, flat 200-meter walk to both the town center and scenic Merimbula Lake, its location is unbeatable.

This solidly built unit features double brick walls and a concrete slab foundation. Positioned on the first level, it boasts a perfect north-east aspect, ensuring plenty of warm winter sunlight throughout the year.

The open-plan layout features a bright and spacious kitchen/living area, ideal for daily activities and entertaining. A private deck offers charming views of the town and lake, creating a serene outdoor retreat.

The unit includes two generous bedrooms, both with built-in wardrobes for ample storage. The bathroom is spacious and includes a separate laundry and drying area for convenience, as well as an additional separate toilet for privacy.

The property is surrounded by well-maintained body corporate grounds, featuring a pool and BBQ area, offering leisure facilities and a welcoming outdoor space.

Unit 9 is ideal for a wide range of buyers. First-time homebuyers will appreciate its comfortable living space and excellent location, while investors may see strong rental potential in this popular area. Additionally, holidaymakers will enjoy the close proximity to the beach, town, and lake, making it a perfect vacation getaway.

The unit is freshly painted, ready for you to move in or rent out straight away.

Council fees: approx. $3500 per year
Body cooperate approx. $ $3900 Per Year

Call Roy today to book a private inspection.

Property History for 9/53 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$455,000
05 Nov 2024
  • 05 Nov 2024
    Sold for $455,000
  • 25 Sep 2024
    Listed for Sale $469,000
  • 21 Feb 2003
    Sold for $170,000
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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.

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.