2/16-18 Ocean View Avenue, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
OFF MARKET

2/16-18 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 1542m2
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Property Details for 2/16-18 Ocean View Ave, Merimbula

2/16-18 Ocean View Ave, Merimbula is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 1542m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1994
Floor Size
115m2
Land Size
1542m2
Local Government
Bega Valley
Lot/Plan
2/SP50616

Last Listing description (December 2021)

Enjoy a front row view from this luxury holiday-managed apartment located on the town side of Merimbula Lake. Unit 2 in Albacore Apartments is as good as it gets when finding the perfect balance between a holiday home and return on investment.

This beautifully appointed apartment has everything you need at your doorstep. Enjoy the uninterrupted lake views from the large balcony or relax around the complex pool, stroll to the nearby beaches, shops and restaurants or walk the stunning Merimbula Boardwalk.

This 2 bedroom unit, with 2 bathrooms, internal laundry space, huge balcony and secure parking is on-site managed, so sit back and relax as the generous income rolls in. This fabulous apartment comes fully furnished and all figures are available upon request.

Property History for 2/16-18 Ocean View Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$415,000
21 Dec 2020
  • 21 Dec 2020
    Sold for $415,000
  • 17 Jun 2020
    Sold for $1
  • 04 Jul 2019
    Listed for Sale $449,000
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About Merimbula 2548

The size of Merimbula is approximately 18.3 square kilometres. There are 14 parks, covering nearly 8.6% of the total area. The population of Merimbula in 2016 was 3544 people. By 2021 the population was 3821 showing a population growth of 7.8% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation.In 2021, 63.00% of the homes in Merimbula were owner-occupied compared with 58.30% in 2016.

Merimbula has 3,612 properties. Over the last 5 years, Houses in Merimbula have seen a 30.60% increase in median value, while Units have seen a 42.22% increase. As at 31 May 2026:

  • The median value for Houses in Merimbula is $938,093 while the median value for Units is $537,201.
  • Houses have a median rent of $720 while Units have a median rent of $495.
There are currently 37 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 148 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.