Merimbula, NSW

651 sales · the past 2 years · NSW Valuer General

Merimbula recorded 651 residential sales in the past 2 years, comprising Apartments at a median of $497,000 (431 sales); Houses at a median of $893,750 (202 sales); and Townhouses at a median of $800,000 (18 sales). The median apartment price was $497,000. Apartment prices ranged from $310k to $870k.
Median price
$497k
Apartments · 2 years
Sales (the past 2 years)
431
Active market
Price range
$310k–$870k
10th–90th pct
BudgetMarket accessGradeEst. properties
$325,000 13% D — Very limited ~56 of 431
$400,000 27% C — Limited ~116 of 431
$500,000 51% B — Competitive ~220 of 431
$675,000 75% A — Strong access ~323 of 431
Under $250k
4%
$250k–$400k
20%
$400k–$600k
42%
$600k–$900k
24%
Over $900k
9%

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What is the median apartment price in Merimbula?

The median apartment price in Merimbula was $497,000 in the past 2 years, based on 431 recorded sales from the NSW Valuer General.

Is Merimbula affordable on a $400,000 budget?

A $400,000 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?

431 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 $310,000 (10th percentile) to $870,000 (90th percentile) in the past 2 years.