5/59A Ocean Drive, Merimbula, NSW 2548 sold on 10 October 2025 | OnTheHouse
SOLD
Sold on 10 Oct 2025 for $740,000

5/59A Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 2315m2
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Property Details for 5/59a Ocean Dr, Merimbula

5/59a Ocean Dr, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 2315m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Merimbula in the last 12 months.

Building Type
Unit
Floor Size
94m2
Land Size
2315m2

Last Listing description (October 2025)

Set in an unbeatable location just a short stroll to both the beach and lake, this low-maintenance ground-floor unit offers the ultimate lifestyle opportunity in beautiful Merimbula.

Step inside to a light-filled, open-plan living, dining, and kitchen space that flows seamlessly and feels instantly welcoming. The kitchen is both stylish and functional, featuring stone benchtops, quality electric appliances, and a wall-mounted oven at a comfortable, level height for everyday convenience.

The master bedroom is generously sized, complete with a walk-in robe and private ensuite. The second bedroom includes built-in robes and is serviced by the main bathroom, featuring a full-sized bathtub. A separate internal laundry adds to the overall practicality of the home.

Outdoors, enjoy your own private, fully fenced and grassed courtyard - perfect for entertaining, unwinding, or simply soaking up the coastal breeze. The property also features a single lock-up garage plus an additional outdoor car space for convenience.

Located on sought-after Ocean Drive, known locally as "Millionaire's Row", this address places you just a 6-minute walk from Cranky Café, where you can enjoy delicious food and beverages, or simply relax and watch the surfers at Main Beach.

Set within a quiet complex of permanent residences and benefiting from low strata fees, this is an ideal opportunity for downsizers, retirees, or anyone seeking an easy-care coastal lifestyle.

Live the best lifestyle Merimbula has to offer - this rare find won't last long.
Contact Hayden and Maddie today to arrange your inspection!

Property History for 5/59a Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$740,000
10 Oct 2025
  • 10 Oct 2025
    Sold for $740,000
  • 15 Sep 2025
    Listed for Sale Price Guide $749,000
  • 29 Nov 2005
    Sold for $377,500
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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 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 3,610 properties. Over the last 5 years, Houses in Merimbula have seen a 44.56% increase in median value, while Units have seen a 68.36% increase. As at 31 December 2025:

  • The median value for Houses in Merimbula is $906,132 while the median value for Units is $549,137.
  • Houses have a median rent of $700 while Units have a median rent of $480.
There are currently 48 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 172 properties were sold in the past 12 months in Merimbula.

Suburb Insights for Merimbula 2548

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Hayden Ferencz
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Madison Dixon-Keay
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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.