5/53 Ocean DriveMerimbula NSW 2548
Property Details for 5/53 Ocean Dr, Merimbula
5/53 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 1691m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (February 2023)
Boasting one of Merimbula's most coveted locations, this apartment is positioned on the Fishpen Peninsular just 50 metres from beach access and within 200m to the shores of the Lake. Well built, the double brick and slab property is set on the second floor ready to soak in an abundance of natural light from a North East aspect.
The living area incorporates a generous combined dining/lounge area which flows out to a balcony set to pick up views toward town and the Lake. Bedroom accommodation comprises 2 good sized rooms with built in robes serviced by a neat main bathroom and separate toilet.
Forming a part of an immaculate complex, the apartment has no maintenance required and also receives access to a BBQ area, off street parking space and sparkling in ground swimming pool. With the added bonus of being sold fully furnished, this property presents excellent value to first home buyers, investors and holiday makers alike.
Property History for 5/53 Ocean Dr, Merimbula, NSW 2548
- 15 Feb 2023Sold for $470,000
- 21 Dec 2022Listed for Sale $489,000
- 13 Jun 2018Sold for $187,000
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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 3,616 properties. Over the last 5 years, Houses in Merimbula have seen a 22.90% increase in median value, while Units have seen a 38.99% increase. As at 31 August 2026:
- The median value for Houses in Merimbula is $935,044 while the median value for Units is $549,486.
- Houses have a median rent of $695 while Units have a median rent of $500.
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