Merimbula at a glance
3,853
People
$908,000
Median sale
$479/wk
Median rent
2.74%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
NSW › Merimbula › Merimbula Dr
$1,140,000
Last sold
23 Aug 2024
3
Bedrooms
2
Bathrooms
6
Car spaces
1,942 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,140,000
23 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Merimbula (last 5 years) with land size have a median of $1,144/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Merimbula at a glance
3,853
People
$908,000
Median sale
$479/wk
Median rent
2.74%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Merimbula
+25.6%
Median sale
Suburb $908,000
-0.56 pp
Gross yield
Suburb 2.74%
Suburb median $908,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $479/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Merimbula at a glance
3,853
People
$908,000
Median sale
$479/wk
Median rent
2.74%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency Dwyer PropertiesThis captivating three-bedroom, two-bathroom home offers a perfect blend of elegance and functionality, accentuated by breathtaking ocean views. As you step inside, the warmth of hardwood flooring guides you through a hallway into an expansive open-plan layout, seamlessly connecting the dining, living, kitchen, and family areas. Bathed in natural light streaming through windows and glass doors, every corner of this home invites relaxation and enjoyment of the serene ocean vistas.
The dining room sets the stage for intimate gatherings with its charming recessed light feature, leading effortlessly to both the wooden decked alfresco area and the well-appointed kitchen. Boasting a 5-burner gas cooktop, electric oven, dishwasher, and ample storage including a large pantry and island bench overlooking the ocean, the kitchen is a culinary enthusiast's paradise.
The living area, adorned with glass doors leading to the alfresco space, flows seamlessly into the family room, providing ample space for entertainment and leisure. The generously sized main bedroom offers a tranquil retreat, complete with plush carpeting, a large walk-in robe, ceiling fan, and split system air conditioner. Step outside onto the verandah, extending from the bedroom to the alfresco deck, and immerse yourself in the coastal breeze.
Indulge in luxury in the ensuite, featuring a double vanity and walk-in shower, while the additional two bedrooms, both generously sized and equipped with ceiling fans and mirrored built-in robes, offer comfort and convenience. The main bathroom exudes relaxation with its large inset bath and separate shower.
Outside, the alfresco deck serves as the ultimate vantage point for enjoying the mesmerizing ocean views, while a garden patio provides a serene setting for outdoor relaxation. The ground floor boasts a spacious six-car garage, offering ample storage and internal stair access to the main living areas above.
Located a short 4-minute drive to the centre of town where you will find supermarkets, medical centres, cafes, boutique stores and other amenities, and just a 6-minute drive to the sands of Merimbula Main Beach.
Experience coastal living at its finest in this meticulously designed home, where every detail has been thoughtfully crafted to offer comfort, convenience, and endless opportunities for enjoying the coastal lifestyle. Your dream home awaits!
Listing description written by Team Dwyer - David & Tania, One Agency Dwyer Properties — reproduced as published, not verified by Districts.