5/16-18 Ocean View Avenue, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
OFF MARKET

5/16-18 Ocean View Avenue
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
Land area: 1542m2
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Property Details for 5/16-18 Ocean View Ave, Merimbula

5/16-18 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 96m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
1994
Floor Size
96m2
Land Size
1542m2
Local Government
Bega Valley
Lot/Plan
5/SP50616

Last Listing description (June 2026)

Two bedrooms, two bathrooms
Direct level access to pool & BBQ courtyard
Level walk to Merimbula CBD and Fishpen district

Wake up to soft bay views and salty air, step outside with your morning coffee, and wander straight to the pool or BBQ area without needing to touch a lift. This first-floor apartment at the sought-after Albacore Apartments delivers effortless coastal living with all the comfort and convenience today's buyers are chasing.

Whether you're searching for a low-maintenance holiday base, a relaxed lifestyle change, or a smart investment with professional on-site management, this property offers the flexibility to suit. Owners can enjoy up to three months' personal use each year while benefiting from strong holiday letting demand the rest of the time.

Set within Merimbula's highly regarded 4.5-star Albacore complex, this apartment enjoys a peaceful position while still capturing lovely bay and lake outlooks. The private terrace flows seamlessly to the communal courtyard, pool and entertaining zone perfect for long lunches, afternoon swims, or keeping an eye on family while you relax.

Inside, the apartment feels light, welcoming and functional. The open-plan kitchen, living and dining space is designed for easy everyday living and entertaining. The kitchen comes fully equipped with electric cooking and full-size fridge, while the lounge area features split-system air-conditioning and a smart TV for comfort year-round.

Both bedrooms are generously proportioned, with the main bedroom offering the added privacy of its own ensuite and built-in storage. The second bedroom is ideal for guests or family, supported by a stylish main bathroom and cleverly integrated laundry.

Residents and guests enjoy access to resort-style facilities including a sparkling pool, landscaped courtyard, BBQ area and reception, all maintained to a high standard. Secure underground parking and lift access further enhance the ease of ownership.

With on-site management available seven days a week, everything from bookings to cleaning and guest care is taken care of for you. It's the ultimate lock-up-and-leave lifestyle with genuine investment appeal.

From here, stroll easily to Merimbula's cafes, restaurants, clubs and boutique shopping. The boardwalk, Main Beach and Mitchies Jetty are all close by, making spontaneous swims, sunset walks and morning coffees part of everyday life.

Easy, elegant and exceptionally located this is lakeside living with a relaxed coastal rhythm.

Property History for 5/16-18 Ocean View Ave, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$475,000
27 May 2024
  • 28 Jan 2026
    Listed for Sale $525,000
  • 27 May 2024
    Listed for Sale $475,000
  • 27 May 2024
    Sold for $475,000
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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.

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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.