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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 $1,085,000 and this has changed 9.04% over the past year and changed 9.04% over 2 years.

The median rent in Merimbula for houses is $670 per week and the median rental yield is 3.21%. Stock on the market for houses/townhouses has changed 13.33% compared to last year and the average time to sell a house/townhouse is 166 days.The median listing price for units is $499,000 and this has changed -5.85% over the past year. The average unit takes 183 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

0.78%

Current vacancy rate


21

Rental stock available


3,542

Population


24.52%

Rental population


0.35%

Current vacancy rate


75

Rental stock available


33,246

Population


18.01%

Rental population


1.02%

Current vacancy rate


37,030

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 $1,085,000 $824,500 $499,000
Median price change - last quarter -1.37% 9.93% -1.19%
Median price change - 1 year 9.04% 8.48% -5.85%
Median price change - 2 years 9.04% -8.29% -0.20%
  House Townhouses Units
Median weekly rent $670 $590 $480
Median yield % 3.21% 3.72% 5.00%
Median rent change - 1 year 8.06% NA 6.66%
  House Units
Previous month sales 5 7
Stock on market previous month 34 56
Stock variance vs. last year 13.33% 9.80%
Average days on market 166 183

Merimbula investment property listings

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