Real Estate Merimbula, NSW, 2548 Bega Valley

Thinking about buying in Merimbula? Now could not be a better time, with a whopping 4556 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $736,000 with prices in this suburb ranging from $162,000 to $5,940,000.

Merimbula is located near the coast as well as views of the ocean, demand is likely to be high

Instant Valuation

Merimbula Real Estate Market Outlook

In Merimbula there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Merimbula is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Merimbula changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Merimbula we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Merimbula a better buying opportunity than it may have been in the past.

About

Household makeup

Median Weekly Rent $257.00
Median Monthly Mortgage $1419.00
Median Persons Per Bedroom 0.62
Average Household Size 1.50
Average Age 46.00
Average Income $824.00
Average Cars Per Dwelling 2.41
Average Properties Within 50M 27.00

Typical Property Prices

1 Bed$325,000
2 Bed$489,795
3 Bed$857,808
4 Bed$993,000
5 Bed$915,000
6 Bed +$1,100,000

Housing Stock

Houses for sale Merimbula

LJ Hooker 6 CLIFF ST, MERIMBULA, NSW, 2548 4 3 4 Contact Agent
One Agency 39 MAIN ST, MERIMBULA, NSW, 2548 3 2 2 Price Guide $1,250,000
One Agency UNIT 1, 34A MONARO ST, MERIMBULA, NSW, 2548 3 2 2 $899,000
One Agency UNIT 1, 88 MONARO ST, MERIMBULA, NSW, 2548 3 2 3 $720,000
One Agency 4 TANTAWANGALO ST, MERIMBULA, NSW, 2548 4 3 2 Price Guide $940,000
One Agency 90 LAKEWOOD DR, MERIMBULA, NSW, 2548 3 2 2 $799,000
One Agency 70 MERIMBULA DR, MERIMBULA, NSW, 2548 0 0 0 Price Guide $450,000
One Agency 79 MONARO ST, MERIMBULA, NSW, 2548 5 3 4 $1,490,000
One Agency UNIT 2, 3-5 SHORT ST, MERIMBULA, NSW, 2548 2 1 1 $499,000

Local Schools

Merimbula Public School

(While the above schools are located with the suburb of Merimbula there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Merimbula weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.917.022.664.5908.121.9
Feb2.617.022.565.890.97.518.4
Mar2.815.821.661.189.27.515.7
Apr2.214.020.258.588.66.612.8
May2.511.317.457.488.87.09.6
Jun3.39.715.55988.96.77.7
Jul1.78.815.054.287.66.58.5
Aug2.18.915.750.987.6711
Sept2.110.517.156.189.3814.9
Oct2.411.417.956.589.28.119.3
Nov2.213.819.760.889.38.323.3
Dec2.015.121.061.088.48.425.1

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

15-12-2022 $1,350,000 22 JOHN CL MERIMBULA 2548
12-12-2022 $425,000 5 / 1 DUNNS LANE MERIMBULA 2548
09-12-2022 $800,000 5 SANDPIPER LANE MERIMBULA 2548
07-12-2022 $1,150,000 79 / 1 ELIZABETH ST MERIMBULA 2548
06-12-2022 $475,000 2 / 4 KYEAMBA ST MERIMBULA 2548
02-12-2022 $450,000 9 / 59 MAIN ST MERIMBULA 2548
01-12-2022 $850,000 35 IMLAY ST MERIMBULA 2548
01-12-2022 $725,000 18 / 10 MARINE PDE MERIMBULA 2548
30-11-2022 $1,115,000 15 LAKEWOOD DR MERIMBULA 2548
28-11-2022 $630,000 35 SAPPHIRE CRES MERIMBULA 2548
25-11-2022 $610,000 7 / 81 MAIN ST MERIMBULA 2548
21-11-2022 $440,000 7 / 7 BURTON AVE MERIMBULA 2548
21-11-2022 $499,000 12 / 11 KYEAMBA ST MERIMBULA 2548
18-11-2022 $320,000 2 / 7 MONARO ST MERIMBULA 2548
14-11-2022 $1,022,500 3 HILLMEADS ST MERIMBULA 2548
11-11-2022 $693,000 7 / 52 FISHPEN RD MERIMBULA 2548
11-11-2022 $1,085,000 13 SEAVIEW AVE MERIMBULA 2548
11-11-2022 $639,000 12 / 53 MERIMBULA DR MERIMBULA 2548
11-11-2022 $420,000 22 / 1 DUNNS LANE MERIMBULA 2548
10-11-2022 $529,000 2 / 27 BEACH ST MERIMBULA 2548
08-11-2022 $975,000 30 TANTAWANGALO ST MERIMBULA 2548
27-10-2022 $1,400,000 7 TEAL CT MERIMBULA 2548
21-10-2022 $499,000 3 / 2 VIEW ST MERIMBULA 2548
07-10-2022 $950,000 45 / 1 ELIZABETH ST MERIMBULA 2548
04-10-2022 $1,100,000 15 PARK ST MERIMBULA 2548
30-09-2022 $787,500 13 KOWARA CRES MERIMBULA 2548
30-09-2022 $500,000 1 / 89 MONARO ST MERIMBULA 2548
30-09-2022 $1,050,000 4 / 29 OCEAN DR MERIMBULA 2548
28-09-2022 $1,285,000 9 COLLINS ST MERIMBULA 2548
28-09-2022 $740,000 26 SAPPHIRE CRES MERIMBULA 2548
20-09-2022 $872,500 11 LAKEWOOD DR MERIMBULA 2548
16-09-2022 $618,000 2 BEVERLEY ST MERIMBULA 2548
16-09-2022 $200,000 23 / 1 ELIZABETH ST MERIMBULA 2548
12-09-2022 $250,000 50 CLIFF ST MERIMBULA 2548
09-09-2022 $2,545,000 5 LAKEVIEW AVE MERIMBULA 2548
09-09-2022 $497,000 7 / 27 OCEAN DR MERIMBULA 2548
02-09-2022 $417,000 4 / 121 MERIMBULA DR MERIMBULA 2548
01-09-2022 $1,210,000 9 ROBIN CL MERIMBULA 2548
31-08-2022 $1,600,000 5 KYEAMBA ST MERIMBULA 2548
31-08-2022 $270,000 4 / 57 OCEAN DR MERIMBULA 2548
29-08-2022 $110,000 3 LISA CT MERIMBULA 2548
26-08-2022 $660,000 2 / 10 MARINE PDE MERIMBULA 2548
24-08-2022 $440,000 3 / 23 MONARO ST MERIMBULA 2548
18-08-2022 $1,830,000 137 MERIMBULA DR MERIMBULA 2548
15-08-2022 $415,000 1 / 4 CAMERON ST MERIMBULA 2548
12-08-2022 $1,100,000 87 / 1 ELIZABETH ST MERIMBULA 2548
10-08-2022 $935,000 65 LAKEVIEW AVE MERIMBULA 2548
10-08-2022 $372,500 9 / 2 VIEW ST MERIMBULA 2548
09-08-2022 $500,000 7 / 57 OCEAN DR MERIMBULA 2548
08-08-2022 $410,000 13 / 1 DUNNS LANE MERIMBULA 2548

Internet Speed

Fibre to the Curb

Fibre to the Node

Fibre to the Premises

Fixed Wireless

Satellite


Nearby Suburbs

BerramboolMiradorMillingandiTura BeachPambulaBald HillsPambula BeachYellow PinchSouth PambulaBournda


General Points of Interest

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