5 Ocean Drive, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
OFF MARKET

5 Ocean Drive
Merimbula NSW 2548

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 202m2
Land area: 1201m2
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Property Details for 5 Ocean Dr, Merimbula

5 Ocean Dr, Merimbula is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 1201m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
House
Year Built
1970
Floor Size
202m2
Land Size
1201m2
Local Government
Bega Valley
Lot/Plan
2/DP159896

Last Listing description (October 2016)

Located in simply the most outstanding location in Merimbula this freehold ground floor unit is an amazing opportunity to live with the sand and surf on your door step.
Immaculately maintained and offering hassle free living on the level with 2 spacious bedrooms, open plan living and a cosy sunroom. Ideal for investors and owner occupiers alike.

Property History for 5 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$900,000
21 Dec 2017
  • 21 Dec 2017
    Sold for $900,000
  • 31 Aug 2016
    Listed for Sale Auction
  • 15 Dec 2005
    Listed for Sale $310000
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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 3,612 properties. Over the last 5 years, Houses in Merimbula have seen a 43.14% increase in median value, while Units have seen a 58.51% increase. As at 28 February 2026:

  • The median value for Houses in Merimbula is $946,767 while the median value for Units is $546,163.
  • Houses have a median rent of $700 while Units have a median rent of $480.
There are currently 42 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 163 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.