Back

Merimbula
NSW, 2548 - Bega Valley

Thinking about buying in Merimbula? Now could not be a better time, with 4591 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $818,000 with prices in this suburb ranging from $38,000 to $8,178,000. Merimbula is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $322.75
Median Monthly Mortgage $1555.50
Median Persons Per Bedroom 0.74
Average Household Size 1.88
Average Age 54.63
Average Income $712.75
Average Cars Per Dwelling 1.62
Average Properties Within 50M 27

Housing Stock

Average Property Prices

1 Bed  $500,000
2 Bed  $507,000
3 Bed  $975,000
4 Bed  $1,146,000
5 Bed  $1,506,000
6 Bed+$1,354,000

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.

Houses for sale Merimbula

LJ Hooker UNIT 9, 59 MAIN ST, MERIMBULA, NSW, 2548 Beds2 Bathrooms1 Parking 1 $499,000

Local Schools

Merimbula Public School

Pambula Public School

Lumen Christi Catholic College

(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

We are currently collecting information for this location.

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

03-10-2024 $1,475,000 52 CLIFF ST
30-09-2024 $592,000 19 / 59 MAIN ST
30-09-2024 $439,000 2 / 9 OCEAN DR
30-09-2024 $850,000 11 MULLOWAY CCT
27-09-2024 $675,000 25 / 1 OCEAN VIEW AVE
26-09-2024 $810,000 21 KOWARA CRES
20-09-2024 $428,500 9 / 1 DUNNS LANE
20-09-2024 $690,000 8 / 52 FISHPEN RD
06-09-2024 $2,200,000 19 LAKEVIEW AVE
06-09-2024 $892,500 12 BELLBIRD CRES
30-08-2024 $1,140,000 133 MERIMBULA DR
28-08-2024 $600,000 4 / 6 CAMERON ST
28-08-2024 $540,000 2 / 17 OCEAN DR
26-08-2024 $575,000 17 / 1 OCEAN VIEW AVE
26-08-2024 $526,000 3 / 4 SAPPHIRE COAST DR
07-08-2024 $1,205,000 36 TANTAWANGALO ST
07-08-2024 $1,085,000 1 / 526 ARTHUR KAINE DR
06-08-2024 $390,000 10 / 1 DUNNS LANE
02-08-2024 $685,000 4 / 39 OCEAN DR
01-08-2024 $570,000 2 / 7 CALENDO CT
31-07-2024 $580,000 41 KOWARA CRES
31-07-2024 $690,000 3 / 1 OCEAN DR
29-07-2024 $405,000 8 / 43 SAPPHIRE COAST DR
29-07-2024 $392,000 2 / 2 WONGA ST
26-07-2024 $890,000 9 TERN CL
12-07-2024 $525,000 2 / 19 PARK ST
12-07-2024 $445,000 6 / 20 MUNN ST
11-07-2024 $485,000 4 / 40 MAIN ST
11-07-2024 $1,570,000 95 MULLOWAY CCT
09-07-2024 $460,000 2 / 11 KYEAMBA ST
08-07-2024 $475,000 5 / 16 OCEAN VIEW AVE
01-07-2024 $360,000 2 / 7 BURTON AVE
01-07-2024 $480,000 6 / 121 MERIMBULA DR
28-06-2024 $395,000 14 / 1 DUNNS LANE
27-06-2024 $1,350,000 79 MONARO ST
20-06-2024 $272,500 6 / 16 CHAPMAN AVE
20-06-2024 $430,000 3 / 6 VIEW ST
07-06-2024 $550,000 6 / 10 MARINE PDE
05-06-2024 $458,000 7 / 7 CALENDO CT
04-06-2024 $1,500,000 8 WHARF ST
31-05-2024 $410,000 5 / 15 SHORT ST
30-05-2024 $1,700,000 26 HILL ST
24-05-2024 $745,000 5 / 10 REID ST
23-05-2024 $760,000 8 / 42 MAIN ST
20-05-2024 $340,000 6 / 11 CHAPMAN AVE
15-05-2024 $1,525,000 23 HILL ST
03-05-2024 $442,000 7 / 53 OCEAN DR
26-04-2024 $400,000 9 / 49 MONARO ST
24-04-2024 $450,000 1 / 12 CHAPMAN AVE
24-04-2024 $760,000 69 MERIMBULA DR

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BerramboolMiradorMillingandiTura BeachPambulaBald HillsPambula BeachYellow PinchSouth PambulaBournda


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!