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4/27 Ocean Drive, Merimbula$599,000
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4/27 Ocean Drive

Merimbula, NSW 2548, Australia
$599,000
2 bed 2 bath 1 car78 m²

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StMate Estimate

Estimated market value today, from comparable sales

Medium confidence
$540,000likely $405,000$730,000

Based on 47 comparable sales near Merimbula.

Indicative only, not a formal valuation. Actual value depends on condition and market movement since sale.

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About this property

Wake up to calm water views, wander down for a coffee at Mitchies Jetty, and spend your afternoons soaking up the sunshine by the pool, or walk across the road for an ocean walk or swim - this is the effortless coastal lifestyle the Fishpen Peninsula is so loved for. Positioned on the top floor at the peaceful rear of a boutique complex, this inviting apartment captures beautiful natural light and sweeping outlooks across Merimbula Lake and the township beyond. Whether you're searching for a laid-back holiday escape, low-maintenance home, or smart coastal investment, this property delivers the perfect balance of comfort and location. A private stairway welcomes you into a thoughtfully designed single-level floorplan where relaxed living comes naturally. The refreshed kitchen connects beautifully with the open living and dining zone, flowing effortlessly onto a sunlit balcony designed for slow mornings, entertaining friends, or simply taking in the ever-changing water views. Soft sea breezes, plantation shutters, and reverse-cycle air conditioning create a comfortable atmosphere year-round, while the main bedroom offers its own peaceful sanctuary with a private balcony gazing towards Long Point and an ensuite complete with spa bath. The second bedroom is privately positioned near the beautifully updated main bathroom, with a separate toilet and internal laundry adding everyday ease. Adding further appeal is a private undercover car space along with a secure lockable storage unit - perfect for beach gear, bikes, or holiday essentials. With the lake, beaches, cafes, and scenic walking paths all moments from your door, this is a home that invites you to slow down and enjoy the very best of the Merimbula lifestyle.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
78 m²
Listed
1 month ago

Repayment calculator

$2,904/month
$1,452 /fortnight
Loan $479,200 at 6.10% over 30 years

Upfront costs

Deposit$119,800
Stamp duty$17,877
Conveyancing (est.)$2,000
Total upfront$139,677
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Merimbula

This 2-bedroom apartment in Merimbula, NSW 2548 sits within reach of public transport, local shops and nearby schools. It is listed 14% below the $695,000 median of 70 comparable apartmentswithin 5 km.

Schools near Merimbula

  • Merimbula Public Schoolprimary · K-6 · CoEd

What's nearby

  • Twyford Hall, Market St (bus)837 m away
  • Cycle ‘N’ Surf51 m away
  • Ford Park120 m away
  • Spencer Park872 m away
  • Rotary Park926 m away

Merimbula at a glance

Full suburb profile
Population
3,821
Median age
54
Household income
$1,146/wk
Median rent
$310/wk
Median mortgage
$1,517/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Merimbula price trend

Median sold · Unit 2 bed

Compound growth +1.0% / yr over 4 yrs

$458kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Merimbula market

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Price history

Price history

Listing price changes & sale

1 price change recorded for this property

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