Merimbula, NSW 2548

Merimbula, NSW 2548

Compare Part of Bega Valley

355.13 km
Distance from CBD
7 k
Population
Median Sale Price
House
-
Updated on Apr 2020
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Apr 2020
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$420,000
0.0% $110,000 $1,700,000 43
2010
$565,000
+25.7% $280,000 $2,545,000 58
2011
$455,000
-24.2% $275,000 $1,790,000 41
2012
$485,000
+6.2% $220,000 $1,150,000 64
2013
$470,000
-3.2% $220,000 $1,375,000 60
2014
$500,000
+6.0% $240,000 $942,000 39
2015
$475,000
-5.3% $255,000 $850,000 62
2016
$455,000
-4.4% $280,000 $1,100,000 67
2017
$547,000
+16.8% $230,000 $1,810,000 75
2018
$595,000
+8.1% $283,000 $1,520,000 58
2019
$600,000
+0.8% $299,000 $1,200,000 53
2020
$725,000
+17.2% $400,000 $1,080,000 19
Median Sale Price
$680K
Based on 54 recorded sales within the last 12 months
Updated on 4 Jun 2020
Suburb Growth
+11.8%
Current Median Price: $680,000
Previous Median Price: $600,000
Based on 103 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2020)
Price Range Segments (12 months ending May 2020)
Median Weekly Rent Price
House
$430
Updated on Apr 2020
2 BR
$313
3 BR
$430
4 BR
$470
Unit
$300
Updated on Apr 2020
1 BR
$220
2 BR
$300
3 BR
$390
4 BR
$498
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$325
0.0% $130 $450 27
2012
$350
+7.1% $135 $450 49
2013
$350
0.0% $165 $550 54
2014
$360
+2.8% $190 $520 22
2015
$380
+5.3% $175 $520 63
2016
$370
-2.7% $240 $740 39
2017
$410
+9.8% $240 $700 45
2018
$430
+4.7% $280 $600 35
2019
$430
0.0% $290 $595 54
2020
$475
+9.5% $200 $750 17
Median Rent Price
$450
per week
Based on 44 recorded rent within the last 12 months
Updated on 4 Jun 2020
Rent Price Growth
+4.4%
Current Median Rent: $450
Previous Median Rent: $430
Based on 87 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $680,000
Current Median rent: $450
Based on 98 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2020)

Auction Results For Merimbula

Houses sold in Last 12 months ends 30 May 2020

$552K

Median Sale Price

100%

Clearance Rate

13/13

Sold/Reported

$949K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M 1
$600 K - $800 K 2
$400 K - $600 K
(Median Price Range)
6
less than $400 K 2

Schools closest to Merimbula, NSW 2548

School name Address Type Sector Distance
Merimbula Public School MAIN STREETMerimbula 2548 Primary Government 0.95 km