3 Otway Close, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
OFF MARKET

3 Otway Close
Merimbula NSW 2548

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
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Property Details for 3 Otway Cl, Merimbula

3 Otway Cl, Merimbula is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1980
Local Government
Bega Valley
Lot/Plan
33/DP703428

Last Listing description (May 2026)

Timeless Elegance in a Blue-Chip Waterfront Enclave

Rarely does an opportunity arise to secure a property in the tightly held Otway Close, where tranquility meets prestige and properties seldom come to market. This completely renovated 249m residence on an expansive 1,818m block represents the ultimate in move-in-ready coastal living, with every detail meticulously updated to perfection.Comprehensively Renovated ThroughoutThis is not a cosmetic refresh-this is a complete transformation. Every element has been thoughtfully renewed, ensuring you can simply move in and start enjoying the lifestyle immediately:New plumbing and electrical throughoutFresh premium carpets in all bedroomsCrisp new paint from top to bottomModern new bathrooms and toiletsContemporary new laundryStylish new blinds and curtains throughoutThere is absolutely nothing to do but unpack and embrace the Merimbula waterfront lifestyle.Versatile Dual-Level LivingThe home's intelligent design includes separate downstairs living with private access and kitchenette-perfect for teenage retreat, guest accommodation, extended family, or potential rental income. This flexible configuration provides options for every family's needs while maintaining privacy and independence.Stunning Waterfront PositionWake each morning to captivating views across Merimbula's famous oyster farms, where the ever-changing waterscape provides a serene and picturesque backdrop to daily life. The elevated position captures these stunning vistas while the peaceful cul-de-sac location ensures minimal traffic and maximum tranquility.Lifestyle at Your DoorstepDirect access to the popular boardwalk for morning walks and exerciseBeautiful waterfront walking trails along Merimbula LakeEasy access into Merimbula town centrePeaceful cul-de-sac in a rarely available, tightly held pocketSweeping views to Merimbula's iconic oyster farmsExceptional Parking & SpaceThe generous 1,818m block provides abundant off-street parking for caravans, boats, trailers, and multiple vehicles-a rare luxury in sought-after waterfront locations. There's room for the whole family and all the toys that come with the coastal lifestyle.The Perfect PackageThis property ticks every box: a prestigious tightly held address, comprehensive renovations eliminating years of work and expense, versatile living spaces, stunning water views, and direct boardwalk access. Whether you're seeking a forever family home, a luxurious coastal retreat, or a smart investment in one of Merimbula's most desirable streets, this is your moment.In a street where opportunities rarely arise, don't let this one pass you by.

Property History for 3 Otway Cl, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$730,000
22 Nov 2018
  • 08 May 2026
    Listed for Sale $1,699,000
  • 08 Feb 2018
    Listed for Sale $999,990
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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 3,611 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 36 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 149 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.