Merimbula, NSW

742 sales · the past 2 years · NSW Valuer General

Merimbula recorded 742 residential sales in the past 2 years, comprising Apartments at a median of $470,000 (426 sales); Houses at a median of $880,000 (301 sales); and Townhouses at a median of $899,000 (15 sales). The median apartment price was $470,000. Apartment prices ranged from $280k to $785k.
Median price
$470k
Apartments · 2 years
Sales (the past 2 years)
426
Active market
Price range
$280k–$785k
10th–90th pct
BudgetMarket accessGradeEst. properties
$300,000 14% D — Very limited ~60 of 426
$375,000 27% C — Limited ~115 of 426
$475,000 53% B — Competitive ~226 of 426
$625,000 72% A — Strong access ~307 of 426
Under $225k
5%
$225k–$400k
27%
$400k–$550k
30%
$550k–$850k
29%
Over $850k
8%

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What is the median apartment price in Merimbula?

The median apartment price in Merimbula was $470,000 in the past 2 years, based on 426 recorded sales from the NSW Valuer General.

Is Merimbula affordable on a $375,000 budget?

A $375,000 budget gives access to approximately 18% of the Merimbula apartment market — a limited but not impossible position. You would be competing for properties at the lower end of the market.

How many apartments sold in Merimbula in the past 2 years?

426 apartments were recorded in Merimbula in the past 2 years by the NSW Valuer General. This classifies it as an active market (30+ sales per year).

What is the price range for apartments in Merimbula?

Sale prices in Merimbula ranged from $280,000 (10th percentile) to $785,000 (90th percentile) in the past 2 years.