Home/Properties/Merimbula/5/1- 3 Ocean Drive
5/1- 3 Ocean Drive, Merimbula$799,000
Back to results
For Saleapartment

5/1- 3 Ocean Drive

Merimbula, NSW 2548, Australia
$799,000
2 bed 2 bath 2 car

Compare with other listings

See it side-by-side · winner per row · AI verdict.

Image 1
Image 2
Image 3

Photos via the original listing. All photographs remain the property of their respective owners.

Maps & AI

Ask StMate AI

Loading map…

AI Property Assistant

Ask anything about this property

Hi! I'm your AI property assistant. Ask me anything about 5/1- 3 Ocean Drive — pricing, schools, transport, investment potential, and more.

Approximate location shown. Contact agent for exact address.

Gallery

Property Photos

Listing description

About this property

Coastal Living at Its Best Prime Location Across from Mitchies Jetty & Main Beach. LIVE IN or RENT OUT AND EARN A GREAT INCOME Enjoy the ultimate beachside lifestyle with this spacious 2-bedroom, 2-bathroom apartment, perfectly positioned directly across from the iconic Mitchies Jetty and the stunning reserve leading onto Merimbula's Main Beach. Upstairs is the main living room with a brand new kitchen and flooring. Freshly painted throughout. The sliding doors opening to a private deck space gives you views down to Mitchies Jetty. With an inground pool in the complex and only 9 units its easy living with no management contracts in place. Whether you're looking for a permanent seaside residence or a high-performing holiday investment, this property offers the best of both worlds. With the beach, cafes, walking tracks, and vibrant Merimbula township all just moments away, this apartment presents an exceptional opportunity to live the dream or earn a fantastic income through holiday letting. An additional feature includes a double lock-up garage, providing secure parking. Don't miss your chance to secure this enviable lifestyle or investment property in one of the South Coast's most sought-after locations.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
2
Listed
3 months ago

Repayment calculator

$3,874/month
$1,937 /fortnight
Loan $639,200 at 6.10% over 30 years

Upfront costs

Deposit$159,800
Stamp duty$26,609
Conveyancing (est.)$2,000
Total upfront$188,409
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.

Know what you can borrow

Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.

Inspections

Interested in inspecting this property?

Check the next open inspection time or request a private viewing on Domain.

Book inspection on Domain

Work at McGrath Merimbula? Claim this listing to sync your ads with StMate.

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 8% above the $739,000 median of 72 comparable apartmentswithin 5 km.

Schools near Merimbula

  • Merimbula Public Schoolprimary · K-6 · CoEd

What's nearby

  • Twyford Hall, Market St (bus)915 m away
  • Lighting Design774 m away
  • Ford Park313 m away
  • Spencer Park725 m away
  • Rotary Park736 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.

Generate Property Report

Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.

Takes 10-20 seconds Uses 1 report credit

Suburb market

Suburb price trend

Merimbula price trend

Median sold · Unit 2 bed

Compound growth +1.7% / yr over 4 yrs

$455kcurrent median

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

Full Merimbula market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

See exactly how this listing's price has moved over time— a paid feature. The figures aren't shown publicly.

Within 5km

Nearby Properties

View all in Merimbula