3/27 Ocean Dr, Merimbula NSW 2548
Merimbula Unit
Technical details
How this sale compares
Sold for $640,000 in Sep 2025, up $97,500 (18%) on the $542,500 paid in Jun 2022. That is about 5.1% a year over 3.3 years.
Over the same period the median unit price in Merimbula rose 9%, from $495,000 in 2022 to $540,000 in 2025.
The 2025 sale was 19% above the Merimbula median unit price for that year ($540,000 across 111 sales).
Since then the median unit price in Merimbula has risen 4%, from $540,000 in 2025 to $562,500 over the last 12 months (82 sales).
Merimbula medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Merimbula sold prices by year.
Rent and yield
Units in postcode 2548 rented for a median $480 a week, from 141 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $640,000 on 18 Sep 2025, that rent is a gross yield of 3.9% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Merimbula.
Planning controls
- Zone
- R3 Medium Density Residential
- Minimum lot size
- 1,000 m² For subdividing the whole site, not one unit
- Maximum building height
- 10 m
- Floor space ratio
- 0.6:1 Floor area allowed for each square metre of site
From the Bega Valley Local Environmental Plan 2013 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 18 Sep 2025 | 1 Oct 2025 | $640,000 | - | - | - | 3/SP70562 |
| 1 Jun 2022 | 16 Jun 2022 | $542,500 | - | - | - | 3/SP70562 |
| 27 Jul 2020 | 26 Aug 2020 | $320,000 | - | - | - | 3/SP70562 |
$640,000 Sold 18 Sep 2025
Settled1 Oct 2025
Beds-
Baths-
Cars-
Title reference: 3/SP70562
$542,500 Sold 1 Jun 2022
Settled16 Jun 2022
Beds-
Baths-
Cars-
Title reference: 3/SP70562
$320,000 Sold 27 Jul 2020
Settled26 Aug 2020
Beds-
Baths-
Cars-
Title reference: 3/SP70562
Other sales at 27 Ocean Dr
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 4 | 9 Jul 2026 | 10 Aug 2026 | $590,000 | - | - | - | 4/SP70562 |
| 7 | 10 Aug 2022 | 9 Sep 2022 | $497,000 | - | - | - | 7/SP70562 |
| 2 | 19 Sep 2019 | 21 Oct 2019 | $315,000 | - | - | - | 2/SP70562 |
| 4 | 17 Dec 2015 | 27 Jan 2016 | $255,000 | - | - | - | 4/SP70562 |
| 5 | 4 Aug 2015 | 18 Sep 2015 | $260,000 | - | - | - | 5/SP70562 |
| 2 | 31 Jul 2015 | 31 Aug 2015 | $265,000 | - | - | - | 2/SP70562 |
$590,000 Sold 9 Jul 2026
Title reference: 4/SP70562
$497,000 Sold 10 Aug 2022
Title reference: 7/SP70562
$315,000 Sold 19 Sep 2019
Title reference: 2/SP70562
$255,000 Sold 17 Dec 2015
Title reference: 4/SP70562
$260,000 Sold 4 Aug 2015
Title reference: 5/SP70562
$265,000 Sold 31 Jul 2015
Title reference: 2/SP70562
Recent sales on Ocean Dr
Sold in the last two years.
- 1/23 Ocean Dr, Merimbula 2548 $580,000 sold 2 Jul 2026
- 5/59A Ocean Drive, Merimbula 2548 $740,000 sold 10 Oct 2025
- 11/57-59 Ocean Drive, Merimbula 2548 $440,000 sold 22 Jul 2025
- 5/57-59 Ocean Drive, Merimbula 2548 $455,000 sold 16 Jul 2025
- 9/57-59 Ocean Drive, Merimbula 2548 $452,000 sold 12 Jun 2025
- 3/26 Ocean Drive, Merimbula 2548 $1,770,000 sold 28 May 2025
- 1/23 Ocean Dr, Merimbula 2548 $430,000 sold 6 May 2025
- 3/23 Ocean Dr, Merimbula 2548 $840,000 sold 14 Mar 2025
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 3/30 Fishpen Rd, Merimbula 2548 $445,000 sold 27 Aug 2026
- 9/10 Fishpen Rd, Merimbula 2548 $425,000 sold 13 Aug 2026
- 31/1 Dunns Lane, Merimbula 2548 $640,000 sold 7 Aug 2026
- 5/14 Fishpen Rd, Merimbula 2548 $350,000 sold 6 Aug 2026
- 17/1 Dunns Lane, Merimbula 2548 $447,500 sold 16 Jul 2026
- 3/7 Calendo Ct, Merimbula 2548 $461,560 sold 3 Jul 2026
- 7/1 Marine Pde, Merimbula 2548 $349,000 sold 29 May 2026
- 6/6 Calendo Ct, Merimbula 2548 $352,000 sold 13 May 2026