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Merimbula, NSW 2548

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Merimbula, NSW 2548 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Merimbula, NSW 2548”

  1. The total adult population (15 years or older) of Merimbula 2548 NSW is 3,372, with a median age of 54. Of those, 40.69% are married, 18.36% are divorced or separated, 31.17% are single and 9.85% are widowed.

    The average household size is 2.0 people per dwelling, and the median household monthly income is estimated to be $6,908. The median monthly mortgage repayment for households in this suburb is $1,517 which is 21.96% of their earnings.

    Source: ABS Census Data (2021)

  2. The seaside suburb of Merimbula, postcode 2548 in New South Wales, Australia, is home to approximately 3,298 households. By the third quarter of 2023, typical prices for houses in Merimbula were recorded to be $1,087,710 AUD, with houses obtaining a median weekly rent price of $574 AUD. This price-points and rent combination provides an indicative yield of 2.74%, slightly under the preferred minimum of 3% for property investors who prioritise cash flow.

    Merimbula’s IRSAD score, a measure of the socio-economic conditions of the area, sits at 960 out of a beneficial high score of 1,217, hinting at a more favourable socio-economic environment. Probing further into the rental market structure, the renter to owner ratio stands at 32%, just above the more appealing level of 30% or below. The units to houses ratio, a significant factor for landlords and investors when considering rental market competition, is recorded to be 56%, which could translate to a higher competition among landlords for tenants and likely shorter tenancy periods.

    The Affordability Index, a theoretical gauge estimating the number of years required for full property ownership, stands at 62 years – a rather unfavourable indicator suggesting decreased affordability for residents.

    On the supply side, the stock on market Percentage for houses stands at 0.67%, a figure within the neutral 0.4% – 1.3% range. The 2.0 months inventory level for houses shows a favourable low supply. The building approvals ratio for houses is at a favourable low of 0.25%, suggesting a lower influx of new house supply into the market.

    Despite houses taking an average of 76 days to sell and placing the suburb’s demand at a lower scale, the good news on the horizon for prospective landlords is the 1.06% vacancy rate, indicating a high demand situation with little supply. This usually results in renters willing to pay higher rents due to limited availability. Lastly, the buy search index for houses has a neutral value of 4, adding to the mixed overall investment outlook for the suburb.

    In conclusion, while Merimbula presents a blend of favourable, unfavourable and neutral metrics, it’s crucial that investors not only rely on these standalone metrics but look at the general trend and analyse the Relative Composite Score (RCS) to make more data-driven property investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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