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Investment Property Merimbula, NSW, 2548

Suburb Snapshot

Merimbula is a suburb in the Bega Valley Region of New South Wales. Merimbula has a population of 3,542 people and 24.52% of its occupants live in rental accommodation. The median listing price for houses is $1,025,000 and this has changed 2.60% over the past year and changed 3.01% over 2 years.

The median rent in Merimbula for houses is $680 per week and the median rental yield is 3.44%. Stock on the market for houses/townhouses has changed 12.50% compared to last year and the average time to sell a house/townhouse is 172 days.The median listing price for units is $499,000 and this has changed -5.85% over the past year. The average unit takes 185 days to sell and the median rent for a unit in Merimbula is $480 per week, producing a rental yield of 5.00%.

Supply & Demand in Merimbula, Bega Valley

0.82%

Current vacancy rate


22

Rental stock available


3,542

Population


24.52%

Rental population


0.28%

Current vacancy rate


59

Rental stock available


33,246

Population


18.01%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Merimbula, Bega Valley

  House Townhouses Units
Median listing price $1,025,000 $824,500 $499,000
Median price change - last quarter -1.37% 9.93% -1.19%
Median price change - 1 year 2.60% 9.93% -5.85%
Median price change - 2 years 3.01% -8.29% -1.19%
  House Townhouses Units
Median weekly rent $680 $570 $480
Median yield % 3.44% 3.59% 5.00%
Median rent change - 1 year 4.61% NA 6.66%
  House Units
Previous month sales 2 10
Stock on market previous month 36 57
Stock variance vs. last year 12.50% 23.91%
Average days on market 172 185

Merimbula investment property listings

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