Merimbula (NSW 2548): property prices, streets & suburb profile

Bega Valley LGA · Latest published data July 2026 · Page updated August 2026 · Public government records

Merimbula · NSW 2548 · median house price (24 months)
$920,000+124.7%
vs 10 years ago (repeat-sales index, all dwellings)
Merimbula has about 3,271 dwellings on record, with 96 house and 188 unit sales recorded in the last two years across 75 streets.
Median house price
$920,000
96 sales, 24 months
Median unit price
$549,500
188 strata sales, 24 months
Median rent, 3-br house
$695/wk
51 bonds, 12 months
Gross rental yield
3.9%
3-br postcode rent vs house median
How tightly held
1 in 23
homes on record trades each year

Merimbula house and unit prices

The median Merimbula house sold for $920,000 across the last 24 months; constant-quality growth is +124.7% over 10 years and +47.1% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
+4.4%
-8.1%
+24.2%
+105.5%
Units
+17.4%
+17.4%
+74.6%
+173.0%

Change in 12-month median sale prices to July 2026 vs the same window 1, 3, 5 and 10 years earlier · NSW Valuer General records

Median house price · 12 months to July 2026
Merimbula
$940,000
Bega Valley LGA
$860,000
NSW
$1,100,000
Houses (quarterly median)
Units (yearly median)
249k494k738k982k1.23M20172019202120232025
View as table
PeriodHouses (quarterly median)Units (yearly median)
July 2015$432,500
Oct 2015$557,500
2016$425,000$228,000
Apr 2016$500,000
July 2016$507,000
Oct 2016$475,000
2017$489,500$262,500
Apr 2017$531,500
July 2017$625,000
Oct 2017$615,000
2018$509,000$300,000
Apr 2018$571,000
July 2018$640,000
Oct 2018$550,000
2019$615,500$315,000
Apr 2019$606,000
July 2019$626,000
Oct 2019$586,000
2020$562,500$332,500
Apr 2020$775,000
July 2020$725,000
Oct 2020$720,000
2021$697,000$387,500
Apr 2021$887,500
July 2021$903,000
Oct 2021$829,000
2022$950,000$495,000
Apr 2022$970,000
July 2022$1,022,500
Oct 2022$1,040,000
2023$952,500$550,000
Apr 2023$950,000
July 2023$790,000
Oct 2023$860,000
2024$980,000$526,000
Apr 2024$1,167,500
July 2024$898,750
Oct 2024$840,000
2025$860,000$540,000
Apr 2025$975,000
July 2025$815,000
Oct 2025$955,000
2026$908,000
Apr 2026$962,500
  • The headline growth figure uses a repeat-sales index of all dwellings (the same homes resold), which removes mix-of-what-sold noise; the tiles compare 12-month medians per dwelling type, so the two can differ, and differ widely where what sold changed.
  • Unit medians are yearly because strata volumes are low; treat them as indicative.
  • Quarters with fewer than three house sales are left off the chart; one sale does not make a market median.

Merimbula street by street

Across the 16 Merimbula streets that qualify for the ranking, five-year medians run from $737,500 on Beverley Street to $1,725,000 on Lakeview Avenue.

Most expensive street (houses)

Lakeview Avenue

$1,725,000 five-year median · 7 sales

Most affordable street (houses)

Beverley Street

$737,500 five-year median · 16 sales

House sales over the last five years, by price
146 sales
  • under $900k
  • $900k to $1.00M
  • $1.00M and above

Each dot is one house sale over the last five years, 146 in all, placed at the address that sold and shaded by what it fetched. Prices are as paid, with part shares and multi-property dealings left out. It draws 15 of the 16 ranked streets, leaving off 1 whose sales are geocoded to a point several streets share, which stands for the suburb rather than for anywhere on the street; the colour bands are cut over all 16 of them, and the table below has them all.

View as table
Street medians, five years of house sales
StreetMedianSales (5 years)
Lakeview Avenue$1.73M7
Hill Street$1.68M5
Collins Street$1.28M9
John Close$1.27M6
Merimbula Drive$1.09M16
Tantawangalo Street$970k9
Mulloway Circuit$940k21
Lakewood Drive$925k10
Imlay Street$915k7
Tern Close$910k5
Bellbird Crescent$840k6
Monaro Street$830k19
Kowara Crescent$800k9
Sapphire Crescent$788k16
Beverley Street$738k16
Merimbula streets with a published median · last 10 years of sales
Ocean Drive$2.00M5$420k87
Hill Street$1.08M141
Lake Street$1.08M101
John Close$1.04M114
Collins Street$945k222
Main Street$935k13$399k106
Warn Close$935k5
Short Street$918k6$398k30
Robin Close$888k7
Lakeview Avenue$863k281
Tantawangalo Street$860k19
Teal Court$855k5
Seaview Avenue$830k6
Cliff Street$810k93
Mulloway Circuit$810k414
Imlay Street$798k202
Merimbula Drive$760k29$297k64
Ocean View Avenue$750k7$450k45
Hillmeads Street$749k7
Bellbird Crescent$743k10
Luderick Court$740k5
Monaro Street$686k42$388k96
Sapphire Crescent$685k30
Kowara Crescent$645k19$540k14
Beverley Street$640k354
  • A street needs at least 5 sales of a type in 10 years to get a median, so streets quieter than that are left out entirely.
  • Sales that moved several properties on one dealing are left out, because the record repeats that dealing's whole price against every property in it.
  • The highlight cards rank on house sales only, using each street's last-5-years median (at least 5 sales in that window), so unit-heavy streets are not mislabelled as cheap and the figures reflect prices a buyer could pay now; the table shows the full 10-year view.
  • A street is left out of the ranking when its five-year median sits below three-fifths of its own 10-year median, or far below the suburb's median (a bar set higher for streets with no older sales of their own to stand behind them). Those windows are usually land sold before the houses went up, or a part share of a home priced as though it were the whole. Those streets stay in the table with their 10-year median.
  • Prices are as-paid and not inflation-adjusted.

What buyers paid in Merimbula

Half of the 96 house sales in the last 24 months landed between $830,000 and $1,196,250.

012253749Median $920k$500k$1.00M$1.50M$2.00M$2.25M
Middle 50% of sales: $830k – $1.20M
Median $920k
86 sales total
  • House sales only, 24 months. The unit median is quoted separately.
  • Chart covers $500,000 to $2,250,000: 10 of the 96 house sales fall outside it (the cheapest and dearest few) and are left out so a handful of outliers cannot distort the shape.

Rent in Merimbula by bedrooms

A 3-bedroom house rents for a median $695/wk.

Median weekly rent · houses
2-bedroom
$520/wk
3-bedroom
$695/wk
4-bedroom
$725/wk
Median weekly rent · units
1-bedroom
$365/wk
2-bedroom
$480/wk
3-bedroom
$650/wk
  • From NSW rental bond lodgements for postcode 2548 (covers neighbouring suburbs too), 12 months to July 2026.
  • Bands with fewer than 10 bonds are hidden.
  • Biggest 12-month move: 3-bedroom townhouses +8.9% year on year.

Who lives in Merimbula

Merimbula has a median age of 54 and a median household income of $1,146 a week, and 63.1% of homes are owner-occupied.

Population (Merimbula)
3,821
Median age (Merimbula)
54 years
Median household income (Merimbula)
$1,146/wk
People per square kilometre
212
Average taxable income (postcode, 2023)
$64,437
Average household size (SA2)
2.1
Median mortgage repayment (SA2)
$1,600/month
Australian-born (postcode)
78.0%
SEIFA advantage decile (Merimbula)
4 of 10
Rooftop solar installs, 12 months (postcode)
97
How Merimbula homes are held
Owned outright
40.8% · 701
Owned with a mortgage
22.2% · 382
Rented
31.6% · 542
Merimbula homes by bedroom count
1 bedroom or studio
9.7% · 164
2 bedrooms
31.0% · 524
3 bedrooms
38.0% · 643
4 bedrooms
16.1% · 272
5 or more
5.3% · 90
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
4 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
4 of 10
Economic resources (IER)from household income, wealth and housing costs
2 of 10
Education and occupation (IEO)from qualifications and skilled work
5 of 10
  • Figures labelled Merimbula are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Merimbula - Tura Beach" and postcode 2548 both extend beyond Merimbula.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Bushfire, flood and planning in Merimbula

24.8% of Merimbula properties sit in a mapped bushfire-prone area; no flood mapping is available in our dataset for this suburb.

Properties in a mapped bushfire-prone area
24.8%
Flood mapping
No flood mapping available in our dataset
Heritage-flagged properties
28
Land zoning of properties
R3 Medium Density Residential (68%), R2 Low Density Residential (25%), E2 Commercial Centre (5%)
  • Bushfire-prone land is the NSW RFS certified map; being inside it triggers extra building requirements, not a prediction of fire.
  • Absence of flood mapping in our dataset is NOT evidence a property cannot flood: always order a council s10.7 certificate before buying.

Schools serving Merimbula

Most Merimbula homes fall in the Merimbula Public School intake zone.

Schools located in Merimbula
Merimbula Public SchoolGovernmentPrimary1,001
Public primary catchment (100% of homes)
Merimbula Public School
Public primary catchment (0% of homes)
Pambula Public School
Public secondary catchment
Eden Marine High School
Median school percentile nationally · ICSEA score
Merimbula · 1 school
47th · 1001
Bega Valley LGA
37th · 977
Illawarra & South Coast
48th · 1003
NSW
51st · 1009
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Catchments are NSW Department of Education intake zones; always confirm an address with the school.

Crime and safety around Merimbula

Break-ins, car theft and malicious damage run at 831 per 100,000 residents in postcode 2548, 44.7% below the NSW rate of 1,502.

Recorded incidents, Bega Valley LGA (12m)
1,684
of which assault (LGA)
223
of which theft (LGA)
448
Recorded incidents, postcode 2548 (12m)
328
Break-ins, car theft and malicious damage · incidents per 100,000 residents
Postcode 2548 (Merimbula + neighbours)
831
Bega Valley LGA
1,124
Illawarra & South Coast
1,485
NSW
1,502
  • Counts are BOCSAR recorded incidents for January 2025 to December 2025 at LGA and postcode grain: both cover several suburbs, so they include neighbours of Merimbula.
  • Rates divide incidents by resident population (ABS 2021 Census), so they are comparable between areas in a way raw counts are not. Every tier uses the same offences and the same 12 months for January 2025 to December 2025.
  • Two limits worth knowing: the rate counts residents only, so a postcode with a town centre, nightlife strip or shopping precinct carries crime generated by visitors against a small resident denominator and reads high; and the population is the 2021 Census, so a suburb that has grown fast since then reads high too.

Recent house sales in Merimbula

The most recent house sales on record in Merimbula are from 2026, 11 of them. Search a street to see what it has been fetching.

Lakewood Drive2026$1.45M
John Close2026$1.38M
Tantawangalo Street2026$1.25M
Lakeview Avenue2026$940k
Tern Close2026$925k
Tantawangalo Street2026$908k
Merimbula Drive2026$870k
Bellbird Crescent2026$855k
Bellbird Crescent2026$830k
Sapphire Crescent2026$772k
Beverley Street2026$690k
Lakewood Drive2025$3.70M

One row per house sale on record for the last five years, by street and the year it sold. Sale prices are as paid. Part shares and multi-property dealings are excluded, and unit sales are not included here.

Suburbs near Merimbula

Merimbula's median house price of $920,000 is the 35th highest of the 66 Illawarra & South Coast suburbs we cover.

All Illawarra & South Coast suburb research

Merimbula: common questions

What is the median house price in Merimbula?
$920,000, based on 96 house sales over the 24 months to July 2026 (NSW Valuer General records).
What are the most and least expensive streets in Merimbula?
Of the 16 Merimbula streets that qualify for the five-year ranking, Lakeview Avenue has the highest house median at $1,725,000 (7 sales); Beverley Street has the lowest at $737,500 (16 sales).
How much have Merimbula property prices grown?
A repeat-sales index of Merimbula dwellings has risen 124.7% over 10 years and moved +47.1% over 5 years.
What does it cost to rent in Merimbula?
The median 3-bedroom house in postcode 2548 rents for $695/wk, from 51 bonds lodged in the last 12 months.
Which public schools serve Merimbula?
Merimbula Public School (primary, zoned for 100% of homes); Pambula Public School (primary, zoned for 0% of homes); Eden Marine High School (secondary).
Is Merimbula affected by bushfire or flood risk?
24.8% of properties sit in the NSW RFS bushfire-prone land map. No flood mapping is available in our dataset for this suburb; that is not evidence properties cannot flood; check a council s10.7 certificate.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Verify anything material independently before acting on it.